Australia's Toysrus Anz hits over 1-year low as FY losses widen

ToysRUs Anz

30/09/2022 04:17

** Shares of Toysrus Anz Ltd  TOY.AX  fall as much as 17.9%
to A$0.023, their lowest since July 30, 2021 
    ** Toy and children's products retailer posts FY underlying
net loss after tax (NPAT) of A$10.2 mln ($6.62 mln) vs loss of
A$3.1 mln in the previous year
    ** Co says its FY revenue from continuing operations in the
year is A$37.9 mln
    ** Says co's trading conditions were impacted by halt in
shipments in February, and by macroeconomic pressure in second
half of FY22
    ** Stock posts its biggest intraday pct fall since June 14
    ** More than 600,890 shares change hands, vs the 30-day
average volume of 582,871 shares
    ** Stock down 83.5% so far this year, as of last close
($1 = 1.5418 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))