Australia's Cettire plunges as retailer swings to loss in first half

Cettire

03/02/2022 01:00

** Shares of Cettire  CTT.AX  plunge as much as 18.2% to
A$2.470, on track for their worst day since last June 
    ** The online retailer posts a net loss after tax
attributable of A$8.3 mln ($5.91 mln) versus a profit a A$2.3
mln a year ago   urn:newsml:reuters.com:*:nASX8QPMR7
    ** Says its first-half revenue rose over twofold to A$113.7
mln
    ** About 2.5 mln shares change hands, compared with a 30-day
average of 478,271 shares 
    ** Stock hits lowest level since Sept, and is down ~15.2%
this year, as of last close 

     ($1 = 1.4049 Australian dollars)

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