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…