Australia's Noumi falls after posting bigger HY loss

Noumi

28/02/2022 01:42

** Shares of Noumi Ltd  NOU.AX  slump as much as 15.8% to
A$0.240, their lowest since March 22, 2021
    ** The cereal and snacks maker posts HY net loss after tax
of A$65.8 mln ($47.26 mln), compared to a loss of A$15 mln last
year  urn:newsml:reuters.com:*:nASX6wGf4Q
    ** Posts HY revenue of A$265.3 mln, down 7%
    ** Says it expects underlying financial performance to
improve through 2022
    ** Shares mark their biggest intraday percentage fall since
March 22, 2021
    ** As of last close, stock down 31.3% this year

($1 = 1.3922 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))