Australia's Guzman y Gomez annual profit jumps 30%, shares hit near one-year high
Australia's Guzman y Gomez annual profit jumps 30%, shares hit near one-year high Aug 21 (Reuters) - Mexican-themed fast-food chain Guzman y Gomez GYG.AX reported a roughly 30% jump in annual profit on Friday, underpinned by higher network sales in Australia, sending its shares to a near one-year high.
The Australia-based company reported underlying net profit after tax of A$53.4 million ($38.00 million) for the year ended June 30, a jump from A$41.2 million a year earlier.
($1 = 1.4051 Australian dollars)
(Reporting by Shruti Agarwal in Bengaluru; Editing by Sherry Jacob-Phillips)
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