Australia's Microba Life Sciences falls as annual loss widens

Microba Life Sciences

29/08/2024 05:26

** Shares of Microba Life Sciences  MAP.AX  fall as much as
10.8% to A$0.165, set for worst day since July 11, if current
losses hold
    ** Health sciences co says its annual loss after income tax
attributable widened to A$19.9 mln ($13.54 mln), from a loss of
A$12.7 mln a year earlier
    ** Co reports 43% increase in annual total expenses
    ** Stocks hits lowest level since Aug. 2
    ** MAP up 2.8% YTD, as of last close
($1 = 1.4702 Australian dollars)

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))