NZ's AFT Pharmaceuticals eyes best day in 5 weeks on HY results

AFT Pharmaceuticals

22/11/2023 23:55

** Shares of AFT Pharmaceuticals  AFT.NZ  rise as much as
1.83% to NZ$3.340, their highest since Nov. 14
    ** Stock set for best day since Oct 18, if gains hold
    ** Drugmaker posts HY net profit after tax of NZ$1.8 mln
($1.08 mln), up 17%
    ** HY operating revenue NZ$84 mln, up 27%
    ** Co says FY24 forecast for operating profit of NZ$22 mln
to NZ$24 mln unchanged
    ** Stock down 10% this year, as of last close

($1 = 1.6700 New Zealand dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))