Australia's Maggie Beer gains most in two weeks on higher HY profit

Maggie Beer Holdings

22/02/2023 23:50

** Shares of Maggie Beer  MBH.AX  rise as much as 7.5% to
A$0.215, seeing their best day since Feb 8 - if gains hold 
    ** Food and beverage firm reports a 9.8% jump in half-year
profit attributable to A$6.1 mln ($4.16 million), declares a
dividend of 0.5 Australian cent
    ** Co, however, posts a 4.5% drop in HY revenue to A$49.9
mln
    ** Shares hit their highest since Feb 13; rise for a second
straight day
    ** Stock had fallen ~4.8% this year, as of last close
($1 = 1.4680 Australian dollars)
 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))