Business
Silk Laser (ASX:SLA) share price hits record high on stellar first half growth
The Silk Laser Australia Ltd (ASX: SLA) share price has been a strong performer on Thursday.
In late morning trade the laser, skin care, and cosmetic injections company’s shares are up 6% to a record high of $4.55.
This means the Silk Laser share price is now up 32% since its IPO in December.
Why is the Silk Laser share price shooting higher?
Investors have been buying Silk Laser shares this morning following the release of a very strong half year result.
For the six months ended 31 December, the company reported a 62% increase in network sales to $44.9 million and a 78% lift in revenue to $30.6 million.
Management advised that favourable…
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