Australia's Vita Group sees best day in 6 months as profit grows

Vita

19/02/2021 03:09

** Shares of Vita Group Ltd  VTG.AX  rise as much as 8.6% to
A$0.950, their biggest intraday pct gain since Aug 21
    ** Retailer posts 27% rise in H1 net profit after tax to
A$18.4 mln ($14.29 mln)  urn:newsml:reuters.com:*:nASX9tQWtP
    ** Says it will pay fully-franked interim dividend of 5.6
cps
    ** Group profitability was maintained due to strong
performance and growth in the skin health and wellness channel -
VTG
    ** Stock hits highest level since Feb 10
    ** VTG had fallen 18.6% this year, as of last close


($1 = 1.2878 Australian dollars)

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.mishra@thomsonreuters.com))