Australia's Halo Food jumps receiving orders for NZ ops

Halo Food Co

09/03/2022 01:01

** Shares of Halo Food Co Ltd  HLF.AX  rise as much as 6.5%
to A$0.082, their biggest daily pct gain since Feb. 2
    ** The dairy processor says it got a new material purchase
order for milk powder to China worth NZ$7.1 mln ($4.84 mln)
    ** Says also received several orders including A2 milk
powder in cans and pouches, worth about NZ$900,000  urn:newsml:reuters.com:*:nASX9JjzT2
    ** Says orders will be manufactured at the co's NZ
operations across the next qtr
    ** About 2.8 mln shares change hands, compared with the
30-day average volume of 2.1 mln
    ** HLF has fallen 33% this year, as of last close


($1 = 1.4680 New Zealand dollars)

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.mishra@thomsonreuters.com))