NZ's media firm NZME jumps as FY earnings more than double
23/02/2022 01:14
** New Zealand's media and entertainment firm NZME Ltd
NZM.NZ rises as much as 11.4% to NZ$1.27
** Stock to mark best day since July 2021 if gains hold
** Co posts FY total net profit of NZ$34.6 mln ($23.40 mln),
up 134% urn:newsml:reuters.com:*:nNZSfrga
** Declares fully franked final dividend of 5 NZ cents/share
** Stock hits highest level since Feb. 15
** More than 171,700 shares change hands, compared with the
30-day average volume of about 66,000 shares
** Stock down 20.3% this year, as of last close
($1 = 1.4784 New Zealand dollars)
(Reporting by Jaskiran Singh in Bengaluru)
((Jaskiran.Singh@thomsonreuters.com;))