Australia's Booktopia sees best day in over 2-weeks on upbeat quarterly results

Booktopia

30/04/2021 03:58

** Online bookstore's shares  BKG.AX  climb as much as 3.9%
to A$2.43, biggest intraday pct gain since April 12
    ** BKG posts quarterly revenue of A$65 mln ($50.52 mln) vs
A$42.4 mln last year  urn:newsml:reuters.com:*:nGLF9lDv0y
    ** Quarterly underlying earnings of A$4.2 mln vs A$1.1 mln
in the prior corresponding quarter
    ** Company says on track to achieve FY revenue and earnings
forecast of A$217.6 mln and A$12.9 mln respectively
    ** Stock hits highest since April 23
    ** BKG down 10% so far this year, as of last close

 ($1 = 1.2867 Australian dollars)

 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com))