Australia's Beston Global Food jumps on securing supply contract

Beston Global Food

30/07/2021 02:35

** Shares of Beston Global Food Company  BFC.AX  rise as
much as 9.1% to A$0.120, their biggest intraday pct gain since
July 23 
    ** Co secures contract to supply mozzarella and other cheese
requirements to a leading food co based in Australia
 urn:newsml:reuters.com:*:nASX3r3ldg
    ** The deal, representing a sale of ~3,600 metric tonnes of
products for the next 18 months, is valued in excess of A$20 mln
($14.77 mln) per annum 
    ** Stock up more than half this year, as of last close 


($1 = 1.3545 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))