Blackmores Share Price Down on Third Quarter Results
The latest news out of the company is the release of its third quarter results which reveal a 43% drop in profit. Blackmores has all the hallmarks of a ‘hold’ rating.
ASX:BKL
Blackmores Drops 32% despite Solid Profit
Today’s first half results are reminiscent of Blackmores’ glory days of 2015 and 2016 when profits soared on the back of huge demand for high quality vitamins from Australia. Sadly, those days might be over.
Star Combo Share Price Up 23.64% after Chinese Retailer Acquisition
The share price of Australian nutritional business, Star Combo Pharma Limited [ASX:S66], has rocketed up over 23% this morning. Star Combo shares were placed in a trading halt yesterday as the company brokered a deal to acquire the e-commerce platform Austoyou Group.
Blackmores Share Price Rises on New Acquisition and Record Sales
Blackmores Limited [ASX:BKL] share price increased immediately upon opening, after revealing the acquisition of Probiotec Limited’s [ASX:PBP] IMPROMY brand and its record sales and profit growth.