Business
Top Shelf (ASX:TSI) share price pops on first earnings report
The Top Shelf International Holdings Ltd (ASX: TSI) share price is reacting well to the company’s inaugural earnings report today. The Top Shelf share price is up 0.25% at the time of writing to $2.04 a share.
That might not look like much of a top move. But considering the broader S&P/ASX 200 Index (ASX: XJO) is currently down a hefty 1.96% today, its actually a pretty decent outperformance.
High spirits for the Top Shelf share price today
Top Shelf reported earnings for the first half of the 2021 financial year (1H21) this morning. This is Top Shelf’s first report as a listed ASX company since it only IPO-ed on the ASX back in December.
The company reported that revenues came in at $7.23 million, which was a 159% increase…
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