Australia's Cettire eyes best day in a week on quarterly sales jump

Cettire

11/10/2022 24:39

** Shares of Cettire Ltd  CTT.AX  jump as much as 17.4% to
A$0.98, eyeing their best day since Oct. 4
    ** Luxury fashion retailer says its Q1 sales climbed 72% to
A$66.1 mln ($41.61 mln)  urn:newsml:reuters.com:*:nFWN31B2VA
    ** CTT says it made adjusted core earnings of A$5.5 mln in
September quarter after a jump in sales
    ** Co says it is confident in its outlook and self-funding
strategy with net cash on hand at around A$30 mln, as at
quarter-end 
    ** CTT down 76.5% YTD, as of last close 
($1 = 1.5886 Australian dollars)
 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))