ASX-listed Lark Distilling leaps most in over 3 months on sales growth

Lark Distilling

28/01/2022 02:17

** ASX-listed shares of Lark Distilling Co Ltd  LRK.AX  jump
as much as 7.8% to A$4.40, eyeing their best session since Oct.
19
    ** Tasmanian whiskey distiller reports 78% growth in net
sales at A$10.4 million ($7.32 million) during H1 FY22
 urn:newsml:reuters.com:*:nASX9WdX1N 
    ** Says it experienced "significant shipping delays, cost
increases and domestic fulfilment challenges" during the period,
all associated with COVID-19, which have continued in to the
beginning of 2022
    ** Stock snaps five sessions of losses on Friday
    ** LRK has lost 21.2% this year as of last close 
    



($1 = 1.4203 Australian dollars)

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))