NZ's Hallenstein Glass Holdings hits over 8-month high on upbeat FY outlook

Hallenstein Glasson Holdings

12/08/2019 01:34

** Shares of Hallenstein Glass Holdings  HLG.NZ  rise as
much as 4.9% to NZ$5.560, highest since Dec. 3, 2018
    ** Clothing retailer sees net profit after tax for the 12
months ended Aug. 1 between NZ$27.7 mln and NZ$28.2 mln ($17.90
mln to $18.22 mln), compared with NZ$27.4 mln recorded last year
 urn:newsml:reuters.com:*:nFWN2551LI
    ** Company also posts 3.3% jump in FY sales to NZ$286.69 mln
    ** Stock posts biggest intraday pct gain since April 1 
    ** About 39,239 shares change hands vs 30-day avg volume of
19,991
    ** Stock up 26.8% this year, as of last close 

 ($1 = NZ$1.5477)

 (Reporting by Shriya Ramakrishnan in Bengaluru)
 ((Shriya.Ramakrishnan@thomsonreuters.com;))