Australia's Advance ZincTek rises on robust first half results

Advance Zinctek

02/02/2023 02:13

** Shares of Advance ZincTek Ltd  ANO.AX  rise as much as
2.3% to A$2.26, on track for best day since Jan. 17
    ** Cosmetics manufacturer says first half of FY23's net
profit before tax is up 64% (excluding one-off sale of IP in
FY22) 
    ** Says H1 sales revenue is A$8.002 mln ($5.72 mln), up 36% 
    ** Stock down 7.1% this year, as of last close
($1 = 1.3998 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))