Harvey Norman Holdings offshore revenue over $2 billion
Harvey Norman Holdings (ASX:HVN) has seen record offshore retail sales revenue of $2 billion, that's up 9.7 per cent on last year.
The company saw good sales uplifts in Malaysian, Singaporean, Slovenian and Irish stores.
Net profit after tax and non-controlling interests for the year ended 30 June 2019 was $402.32 million, up $26.94 million, from $375.38 million in the previous year, a 7.2 per cent increase.
Profit before tax was $574.56 million, an increase of 8.4 per cent from $530.17 million in the previous year.
The Board has declared the payment of a fully-franked 2019 final dividend of 21.0 cents per share, to be paid on 1 November 2019.
Shares in Harvey Norman Holdings (ASX:HVN) trading 0.86 per cent lower at $4.63.
Copyright 2019 – Finance News Network
Source: Finance News Network