NZ's Skellerup Holdings hits over 20-year high on FY21 profit forecast

Skellerup Holdings

29/10/2020 02:31

** Shares of Skellerup Holdings Ltd  SKL.NZ  rise as much as
6.7% to NZ$3.170, their highest since Feb. 28, 2000
    ** The polymer products manufacturer sees FY21 net profit
after tax to be in the range of NZ$30 mln ($20.06 mln) to NZ$35
mln  urn:newsml:reuters.com:*:nNZW5ZDJyG
    ** Stock marks biggest intraday percentage gain since June 8
    ** Stock up 20.2% so far this year, as of last close 


($1 = 1.4954 New Zealand dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))