Charlie's shares in trading halt

Shares in drinks company Charlie's Group are on a trading halt today ahead of a material announcement, stock exchange operator NZX said this morning.

Charlie's reported annual pre-tax earnings of $3.4 million, a turnaround from a $900,000 loss the previous year, with the Australian subsidiary contributing over 50 per cent.

Shares in the company, which asked for the trading halt, last traded yesterday at 11c.

- NZPA