Australia's Lark Distilling jumps on strong Q1 net sales

Lark Distilling

31/10/2022 04:56

** Shares of Lark Distilling Co Ltd  LRK.AX  jump as much as
14% to A$2.12, on track for best day since Aug 17
    ** Craft spirits maker posts net sales of A$4.2 mln ($2.70
mln)in first quarter of FY23, up 3% pcp  urn:newsml:reuters.com:*:nASXM9WhY
    ** Stock hits highest since Oct 17
    ** Stock has fallen 64.1% this year as of last close
($1 = 1.5567 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))