Australia's XRF Scientific jumps on earnings, revenue growth

XRF Scientific

18/10/2022 24:50

** Shares of chemical and equipment manufacturer XRF
Scientific  XRF.AX  rise as much as 9.4% to A$0.755, set for
their best intraday rise since Aug. 23, if gains hold 
    ** XRF reports profit before tax rising 45% to A$2.4 million
($1.51 million) for the September quarter  urn:newsml:reuters.com:*:nASX8p0jty
    ** Revenue rises 32% to A$12.6 million for quarter 
    ** Expects December quarter to be positive 
    ** Stock hits highest since Sept. 15
    ** XRF up 17% YTD as of last close
($1 = 1.5891 Australian dollars)
 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))