NZ's Mainfreight sees best day in over 2-mths on jump in profit

Mainfreight

27/05/2019 23:37

** Shares of Mainfreight Ltd  MFT.NZ  rise as much as 3.6%
to NZ$37.30, their highest since April 5 on jump in annual
profit 
    ** Freight services provider reports full-year net profit of
NZ$137.6 mln ($90.03 mln), compared to NZ$107.7 mln a year
earlier  urn:newsml:reuters.com:*:nFWN2300RR
    ** Annual revenue climbs ~13% to NZ$2.95 bln 
    ** Stock posts biggest intraday pct gain since March 18
    ** Stock top percentage gainer on the benchmark S&P/NZX 50
index  .NZ50 
    ** Stock up ~17% this year, as of last close 


($1 = 1.5284 New Zealand dollars)

 (Reporting by Aditya Soni in Bengaluru)
 ((Aditya.Soni@thomsonreuters.com; +91 80 6749 1130; Reuters
Messaging: Aditya.Soni.thomsonreuters.com@reuters.net))