Friday 30th October 2020 |
Text too small? |
Chairman’s Report
The Company advises that Group sales for the 12 months to 1 August 2020 were $287.76 million which were +0.1% up on the prior year ($287.55 million). The audited net profit after tax for the 12 months was $27.77 million, a decrease of 4.29% on the prior corresponding period ($29.02 million). Overall sales were maintained in an extremely challenging environment, predominantly due to the increased level of online sales from April 2020 onwards.
During the last six months stores in both New Zealand and Australia were closed on 26 March with New Zealand stores opening on 14 May and Australian stores opening during May. The web shops in New Zealand for both brands were closed from 26 March 2020 but did reopen to sell essential products from 4 April and then all product from 27 April.
See the link below for more details:
HLG Annual Report for the year ended 1 August 2020
Source: Hallenstein Glasson Holdings Limited
No comments yet
PGW Guidance Update
CNU - Commerce Commission releases draft expenditure decision
Spark announces departure of Product Director
TGG - T&G appoints new Director
April 18th Morning Report
SKC - APPOINTMENT OF CHIEF EXECUTIVE OFFICER
Devon Funds Morning Note - 17 April 2024
Consultation opens on a digital currency for New Zealand
TWL - TradeWindow's $2.2 million capital raise now unconditional
April 17th Morning Report