Australia's Collins Foods hits record high on strong HY results

Collins Foods

30/11/2021 02:47

** Shares of Collins Foods Ltd  CKF.AX  rise as much as
10.2% to a record A$13.800
    ** Fast-food chain operator says its half-year net profit
attributable rose by 60.2% to A$26.4 mln ($18.88 mln)
 urn:newsml:reuters.com:*:nASX7BGMKQ
    ** Co posts an 8.5% increase in revenue to A$534.2 mln, and
declares an interim dividend of 12.0 Australian cents per share
    ** Says remains on track to open up to 24 new restaurants in
FY22
    ** Stock posts its biggest intraday pct gain since December
2020
    ** Nearly 367,700 shares change hands, vs the 30-day avg
volume of about 329,100 shares
    ** Stock among the top three biggest percentage gainers on
the benchmark ASX 200  .AXJO  index
    ** Stock has added 29.9% this year, as of last close

($1 = 1.3986 Australian dollars)

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))