Australia's Halo Food hits all-time low as HY loss more than doubles

Halo Food Co

30/11/2022 03:23

** Shares of Halo Food Co Ltd  HLF.AX  fall as much as 18.4%
to a record low of A$0.031  
    ** Health and wellness products maker says HY comprehensive
loss attributable widened to A$5.4 mln ($3.62 mln) from A$2.6
mln a year earlier
    ** Revenue from ordinary activities jumped 49.3% to A$41.6
mln 
    ** Stock posts its biggest intraday pct fall since Feb 15
    ** More than 2.75 mln shares change hands, compared with the
30-day average of 573,080 shares
    ** Stock down 67% YTD, as of last close 
($1 = 1.4937 Australian dollars)
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))