Australia's ECS Botanics jumps on upbeat qtrly outlook

ECS Botanics Holdings

08/03/2022 04:22

** Shares of ECS Botanics Holdings Ltd  ECS.AX  rise as much
as 8% to A$0.027, their biggest intraday pct gain since Feb. 25
    ** Hemp-based food makersays it's on track to deliver A$2
mln in revenue for the current quarter, a ~39% increase on the
previous quarter and a 440% rise on the prior corresponding
period  urn:newsml:reuters.com:*:nASX78y7SB
    ** ECS is well placed to achieve a continued increase in
revenue, given the ongoing demand that co is witnessing from
local and international customers - ECS
    ** Stock down 19.4% YTD as of last close

 (Reporting by Arundhati Dutta in Bengaluru)
 ((Arundhati.Dutta@thomsonreuters.com;))