Helloworld travel (ASX:HLO) H1 profit up 4.9%
[videojs_hls url=’//du7x25at22z7c.cloudfront.net/275315/index_HLSv3.m3u8′ poster=’http://www.finnewsnetwork.com.au/newssystem/Headlines06_360_200224.jpg’]
Travel company Helloworld travel (ASX:HLO) report profit before tax of $32.9 million, an increase of 4.9 per cent compared to the prior half year.
Underlying earnings before interest expense, tax, depreciation and amortisation (Underlying EBITDA) of $48.0 million, an increase of $6.2 million that’s 14.8 per cent compared with the prior corresponding period.
The company are offering a fully franked interim dividend declared of 9.0 cents per share.
Shares in Helloworld travel (ASX:HLO) trading 2.1 per cent lower at $4.15.
Copyright 2020 – Finance News Network
Source: Finance News Network