Australia's Probiotec at over 2-month high on strong FY earnings

Probiotec

25/08/2021 05:15

** Shares of Probiotec Ltd  PBP.AX  rise as much as 9.5% to
A$2.30, their highest since June 17
    ** The pharma and consumer health co says its FY underlying
net profit after tax grew 17% to A$9.1 mln ($6.59 mln)
 urn:newsml:reuters.com:*:nASX8qKbk2
    ** FY underlying sales revenue up 12% at A$120.5 mln
    ** Stock posts its biggest intra-day percentage rise since
June 9
    ** Stock down 13% so far this year, as of Tuesday's close 
    
    ($1 = 1.3808 Australian dollars)

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))