Last year EGL reported half year financials on 24 Feb 2022 (for the half year to 31 Dec 2021). Three weeks away - does this latest rise in share price simply reflect an improvement in overall performance? (In Nov 22 a trading Update: "As part of its FY22 financial results released to the market on 25 August 2022, EGL disclosed that it expected EBITDA to increase by over 25% year on year after significant items.")
Profit after interest and tax attributable to Equity Holders of EGL for the 6 months ended 31 December 2021 was $799,808 compared to $232,689 for the comparative period 31 December 2020.
Or is the share price rise more related to a (positive) one-off event ((such as a major contract win)?
EGL Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held
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