Australia's Noumi falls after forecasting seventh consecutive FY loss

Noumi

01/08/2025 04:21

** Shares of Noumi Ltd NOU.AX fall 3.8% to A$0.125, set for worst day since July 25

** FMCG co said on Thursday after trading hours that it expects to post a net loss after tax for FY25; NOU reported a loss of A$98.3 million ($63.22 million) last year

** Co has logged six straight years of losses

** Also records a 0.3% slip in June-quarter revenue at A$155.2 million

** About 122,583 shares change hands, 1.6x the 30-day average

** On a weekly basis, shares are up 4%; down 30.6% YTD

($1 = 1.5550 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))