Australia's MyEco gains on upbeat quarterly update

MyEco

29/04/2026 02:14

** Shares of MyEco Group MCO.AX rise 8.3% to A$0.013 in early trade, hitting their highest level since April 17

** Stock on track for strongest trading session since April 22, if gains hold

** Sustainable packaging materials logs third-quarter total sales of A$4 million ($2.87 million), up 4.1% from the prior corresponding period

** Attributes higher sales to strong growth across all business channels, including retail and corporate

** Stock up around 8% YTD, including the day's moves

($1 = 1.3924 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))