Australia's Forbidden Foods eyes best day in over 1 week on upbeat Q4 revenue

OMG

29/07/2022 02:25

** Shares of Forbidden Foods  FFF.AX  climb as much as 10%
to A$0.110, on track for best day since July 18, if gains hold
    ** The organic foods maker posts https://www.asx.com.au/asxpdf/20220729/pdf/45c9lw6nswxn3q.pdf
 Q4 revenue of A$1.6 mln  ($1.12 mln), up 31% on the prior
corresponding period
    ** Co is well-placed to drive innovative product development
and sales leading to a continued revenue growth in to FY23 and
beyond, FFF says
    ** Stock up for three consecutive sessions; touches highest
level since July 19
    ** As of last close, FFF down ~54.6% YTD
    
    ($1 = 1.4284 Australian dollars)

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))