Flight Centre Travel Group's (ASX:FLT) shareholders approved the divestment of the company's stake in Pedal Group, with over 99% of the votes cast at a Thursday general meeting in favor of the sale, according to a same-day Australian bourse filing.
The company entered into a binding agreement in April to sell its around 47% shareholding in the Pedal Group cycle joint venture to the Turner Collective for AU$61.7 million.
(Updates with the stock movement in the headline and last paragraph.)GrainCorp (ASX:GNC) reported Thursday fiscal first-half earnings of AU$0.021 per share, down from AU$0.261 a year earlier.Analysts polled by FactSet expected earnings of AU$0.31.Revenue for the six months ended March 31 was AU$3.88 billion, compared with AU$4.09 billion a year earlier. Analysts surveyed by FactSet expected AU$4.08 billion.The agribusiness and processing company reaffirmed its fiscal 2026 guidance of underlying earnings before interest, taxes, depreciation, and amortization of AU$200 million to AU$240 million and underlying net profit after tax of between AU$20 million and AU$50 million.The board declared an interim dividend of AU$0.14 per share, unchanged from a year earlier, payable July 16 to shareholders on record as of July 2.GrainCorp shares fell more than 13% in recent Thursday trade to hit their lowest level since July 2021.
CL Educate (NSE:CLEDUCATE, BOM:540403) narrowed its consolidated attributable loss to 87.4 million Indian rupees in the fiscal fourth quarter ended March 31 from a loss of 101.0 million rupees a year ago.Loss per share contracted to 1.92 rupees from 2.91 rupees a year earlier, the education services provider said in a filing to the Indian stock exchanges on Thursday.Revenue from operations in fiscal Q4 increased 1.18 billion rupees from 974.6 million Indian rupees a year ago.The company's shares were up over 2% in recent trade.
PLDT (PSE:TEL) posted a slight decline in net income attributable to equity holders of 8.87 billion pesos for the first quarter, down from 9.03 billion pesos a year earlier, according to a Thursday Hong Kong bourse filing by parent First Pacific (HKG:0142).Earnings per share at the Philippine telecommunications company came in at 40.98 pesos, compared with 41.71 pesos a year earlier.Revenue increased to 56.5 billion pesos from 55.3 billion pesos in the prior-year period.