New Zealand's BLIS Technologies advances on upbeat annual results

BLIS Technologies

21/05/2026 01:18

** Shares of BLIS Technologies BLT.NZ rise as much as 6.7% to NZ$0.016, their highest since May 8

** Stock logs largest intraday pct gain since May 12

** Advanced probiotic strains manufacturer logs FY26 underlying NPAT of NZ$1.6 million ($937,920.00), up 90% from last year

** Attributes higher profit to strong growth across B2B ingredient and private label revenues among others

** Says co suffered minimal loss from uncertainty due to Middle East conflict, does not currently foresee any material change to this

** More than 902,000 shares change hands, 3.1 times the 30-day average

** Stock down 5.9% YTD, including the day's moves

($1 = 1.7059 New Zealand dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))