Australia's Michael Hill International tumbles as HY profit slumps

Michael Hill International

26/02/2024 24:49

** Shares of Michael Hill International  MHJ.AX  fall as
much as 7.7% to A$0.715, lowest since April 13, 2021 
    ** Jewellery seller posts 59% drop in HY NPAT to A$15.4 mln
($10.10 mln)
    ** Stock on track for worst trading day since Sept. 7 - if
current trend holds
    ** Stock had fallen more than 14% this year, as of last
close

($1 = 1.5249 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))