Seek Limited share price drops as ASX:SEK flags Employment Hero exit and tightens FY26 outlook
SEEK shares fell 3.3% to A$16.54 after reporting a statutory loss of A$249.9 million, driven by a A$356 million write-down on its Zhaopin investment. Adjusted profit rose 35% to A$104.1 million, and the company declared a record interim dividend. SEEK tightened full-year guidance and said its venture fund will seek to sell its Employment Hero stake.