Brief: Aroa Biosurgery Says HY Loss After Tax Attributable NZ$5.1 Mln

Aroa Biosurgery

25/11/2021 01:17

Nov 25 (Reuters) - Aroa Biosurgery Ltd  ARX.AX :
    * HY LOSS AFTER TAX ATTRIBUTABLE NZ$5.1 MILLION VERSUS LOSS
NZ$13.5 MILLION
    * HY REVENUE FROM ORDINARY ACTIVITIES – PRODUCT SALES UP 96%
TO
NZ$17.7 MILLION
    * UPGRADED FY22 PRODUCT REVENUE GUIDANCE (ON CONSTANT
CURRENCY
BASIS) TO NZ$34-37 MILLION
    * EXPECTS PRODUCT GROSS MARGINS TO CONTINUE TO IMPROVE, TO
BE
BETWEEN 73-75% FOR FY22
    * CONSTRUCTION OF AROA'S SECOND MANUFACTURING FACILITY
EXPECTED TO
COMPLETE IN CY21

Source text for Eikon:  ID:nASX4N4ffs 
Further company coverage:  ARX.AX 

 ((Reuters.Briefs@thomsonreuters.com;))