BUZZ-Australia's Seek rises on upbeat HY profit

Reuters
18 Feb
BUZZ-Australia's Seek rises on upbeat HY profit

** Shares of Seek SEK.AX rise 1.5% to A$24.6

** Stock rose as much as 4.8% to A$25.4, hitting their highest since December 10

** Online jobs portal posts total reported profit attributable of A$143.5 mln ($91.05 mln) in 1H25, compared to A$29.8 mln a year ago

** Also declared interim dividend of 24 AU cents per share, higher than 19 AU cents recorded last year

** Says total expenditure declined by 6% with operating expenses stable and capex down 29%

** More than 1.6 mln shares change hands vs 30-day avg volume of around 1.3 mln shares

** Stock up ~8.9% YTD, including current session's moves

($1 = 1.5760 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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