New Zealand's Scott Technology falls to 2-week low on downbeat FY results

Scott Technology

29/10/2020 23:32

** Scott Technology Ltd  SCT.NZ  falls 1.1% to A$1.880, its
lowest level in over 2 weeks 
    ** The automation engineering firm swung to a full-year loss
of NZ$17.5 million ($11.70 million), from a profit of NZ$8.6 mln
a year earlier  urn:newsml:reuters.com:*:nNZWRW7Kt
    ** Annual revenue drops 17% drop to NZ$186.1 mln
    ** Co says it won't pay a final dividend for the year    
    ** Stock down 13.2% this year, as of last close
    ($1 = 1.4954 New Zealand dollars)


($1 = 1.4954 New Zealand dollars)

 (Reporting by Yamini C S in Bengaluru)
 ((Yamini.CS@thomsonreuters.com;))