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COSOL Delivers FY20 Earnings Upgrade, Stock up by ~22%

  • June 27, 2020 12:16 PM AEST
  • Team Kalkine

A leader in optimising business processes applying contemporary IT solutions, COSOL Limited (ASX:COS) reported an increase in earnings guidance for the FY20.

Gold MTF non-AMP

  • From its operating business, COSOL Australia Pty Ltd’s EBIT guidance increased by 5%.
  • The group EBIT guidance of COSOL increased by 5%.

Moreover, COSOL expects to release its FY20 audited accounts & results on 26 August 2020.

On 26 June 2020, COS last quoted at A$0.580 after a surge of 22.105%.

 


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