NZ's Hallenstein Glasson hits 1-month low on downbeat outlook

Hallenstein Glasson Holdings

30/09/2021 06:08

** Shares of Hallenstein Glasson Holdings  HLG.AX  fall as
much as 4.1% to NZ$6.73, lowest since Aug. 23
    ** Co anticipates adverse impact on current year profit due
to reopening uncertainty in Auckland  urn:newsml:reuters.com:*:nFWN2QV0RR
    ** Says first eight weeks of new FY saw sales falling about
19%
   ** Shares dipped despite co reporting 20% rise in FY net
profit to NZ$33.32 milion ($22.9 mln)
    ** More than 46,000 shares have changed hands, compared with
the 30-day average of about 15,000 shares
    ** Stock up 5.6% YTD as of last close 
    

(1NZ Dolloar = 0.69 US Dollar)



 (Reporting by Jaskiran Singh in Bengaluru)
 ((jaskiran.singh@thomsonreuters.com))