BUZZ-Australia's MyEco Group rises after strong quarterly sales
Reuters
Jan 29
BUZZ-Australia's MyEco Group rises after strong quarterly sales
** Shares of Australia's MyEco Group MCO.AX rise as much as 17.7% to A$0.02, their biggest intraday pct gain since January 15
** Sustainable packaging materials manufacturer saysQ2 FY26 total sales A$4 million ($2.82 million), up 7.4% QoQ
** Says achieved all-time record quarterly sales of MyEcoBag products of A$1.7 million in the second quarter, up 68% QoQ
** Stock last up 11.8% with YTD gains of 58.3%
($1 = 1.4207 Australian dollars)
(Reporting by Sneha Kumar in Bengaluru)
((Sneha.kumar@thomsonreuters.com;))
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