Australia's Collins Food extends losses as interim profit slumps

Collins Foods

30/11/2022 24:05

** Shares of Collins Food  CKF.AX  fall as much as 4.4% to
A$7.700, their lowest since June 2020 
    ** CKF extends losses after the fast-food chain operator 
posted a 58.2% slump in its HY profit on Tuesday  urn:newsml:reuters.com:*:nASX5RQ1BZ
    ** Co says margin pressure expected to remain for balance of
FY23
    ** Stock on track for a third consecutive session of losses 
    ** CKF is down ~39.8% this year, as of last close
 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))