New Zealand Coastal Seafoods rises on purchase order

New Zealand Coastal Seafoods

09/09/2020 05:33

** ASX-listed New Zealand Coastal Seafoods Ltd  NZS.AX 
rises as much as 10.9% to A$0.051, marking its biggest intraday
percentage gain since Aug. 14
    ** The seafood producer says it has received its first
purchase order from Germany-based dietary supplement maker Dr.
Behr GmbH for NZ$57,600 ($38,148.48) under a supply deal signed
last month  urn:newsml:reuters.com:*:nASX51pFnD
    ** Due to strong demand, Dr. Behr has increased year-one
order quantity revenues to NZ$518,000 from NZ$432,000 -
NZS urn:newsml:reuters.com:*:nL4N2FC0MO
    ** Stock has seen an over four-fold rise this year, as of
last close


($1 = 1.5099 New Zealand dollars)

 (Reporting by Anushka Trivedi in Bengaluru)
 ((Anushka.Trivedi@thomsonreuters.com; +918061823241;))