Business
Why the Estia Health (ASX:EHE) share price is swinging around
Estia Health Ltd (ASX: EHE) shares popped this morning following the company’s release of its FY21 half-year (1H21) results. In the first hour of trade, the Estia share price jumped nearly 5% to an intraday high of $2.13. However, it’s been fluctuating since and is currently trading at $2.05, up 0.99% for the day so far.
Let’s take a look at what the aged care services provider reported.
What did Estia Health report?
The Estia share price is in positive territory today despite the company reporting a $5.3 million loss for 1H21 compared to the $14.3 million profit it achieved at the end of 1H20.
Revenues totalled $322.5 million for the half, 2% higher than the $316.1 million reported for the prior corresponding half.
Estia…
-
Noosa News23 hours agoInside the final hours before Australian lawyer Christopher Saines died in Thai massage parlour
-
General21 hours agoGerman backpacker Carolina Wilga found alive in WA’s outback
-
Noosa News24 hours agoAustralian NFL player Laki Tasi comes home to convince kids to switch codes
-
Business23 hours agoHow $1,000 a month in this ASX ETF could turn into $500,000