Australia's Aeris Environmental drops most in nearly 7 wks on subdued qtrly rev

Aeris Environmental

29/10/2021 05:10

** Shares of Aeris Environmental  AEI.AX  fall as much as
14.3% to A$0.120, its worst day since Sept. 13 
    ** Green technology provider says qtrly revenue is A$1.2 mln
 ($905,400.00), compared with A$2.9 mln in the same period last
year  urn:newsml:reuters.com:*:nGLF9vc5kS
    ** Also says revenue impacted by COVID-19 lockdown in co's
global markets that were offline with respect to site access,
occupancy and product usage 
    ** Stock is set to post 1.9% weekly rise in its second
straight week of gains
    ** About 1.0 mln shares have changed hands, 9 times their
30-day avg
    ** Stock down 54.1% this year as of last close 



($1 = 1.3254 Australian dollars)

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))