BUZZ-Australia's Champion Iron among top losers in ASX 200 on downbeat qtrly results

Reuters
01-30
BUZZ-Australia's Champion Iron among top losers in ASX 200 on downbeat qtrly results

** Shares of Champion Iron CIA.AX fall 0.3% to A$5.545, among the top losers in the benchmark ASX 200 .AXJO

** Stock fell as much as 4.7% earlier in the day to hit lowest level since Sept. 11

** Co posts net income of C$1.7 mln ($1.18 mln), down 99% from last year

** Qtrly revenue was 28% lower than last year

** Qtrly production of 3.6 mln wmt was down 10% from last year

** Stock down 3.3% this year, as of last close

($1 = 1.4418 Canadian dollars)

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com))

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