Australia's InvoCare falls to four-month low after posting annual loss

InvoCare

27/02/2023 02:32

** Shares of InvoCare  IVC.AX  slip nearly 10% to A$9.97,
hitting the lowest since Oct. 28
    ** Funeral services provider swings to an annual loss of
A$1.8 mln ($1.21 mln) from a profit of A$80.2 mln in previous
year 
    ** IVC declares a final dividend of 11 Australian cents per
share 
    ** Stock among top losers on the benchmark ASX 200  .AXJO ,
which is down 1.1% 
    ** Stock posts its biggest intraday pct fall since March 25,
2020
    ** YTD, stock has lost 9.1%
($1 = 1.4841 Australian dollars)

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))