New Zealand's Hallenstein Glasson gains most in nearly 6 wks; FY profit surges

Hallenstein Glasson Holdings

28/09/2018 04:09

** Shares of Hallenstein Glasson Holdings Ltd  HLG.NZ  rise
as much as 5.5 pct to NZ$5.93, their biggest intraday pct gain
since Aug 20
    ** The clothing retailer's FY net profit jumps 58.4 pct to
NZ$27.4 mln ($18.1 mln)  urn:newsml:reuters.com:*:nNZSpl4a
    ** FY sales up 16.2 pct to NZ$277.6 mln
    ** Stock hits highest since Sept 10
    ** On track to gain over 24 pct in the qtr ending Sept
    ** Stock has risen 42.3 pct this year as of last close,
compared with a 10.6 pct increase in the benchmark index  .NZ50 
    
 ($1 = 1.5126 New Zealand dollars)

 (Reuters Messaging:
abyjose.koilparambil.thomsonreuters.com@reuters.net)