Brief: Hallenstein Glasson Says FY Audited Net Profit After Tax NZ$33.32 Mln, Up 20.0%

Hallenstein Glasson Holdings

29/09/2021 21:15

Sept 30 (Reuters) - Hallenstein Glasson Holdings Ltd
 HLG.NZ :
    * FY AUDITED NET PROFIT AFTER TAX NZ$33.32 MILLION, UP 20.0%
    * FY SALES NZ$350.76 MILLION, UP 21.9%
    * FY ONLINE SALES GREW OVER PERIOD BY 31.27% AGAINST PRIOR
YEAR
    * FIRST EIGHT WEEKS OF NEW FY HAVE SEEN GROUP SALES DECLINE
-18.90% ON PRIOR YEAR
    * AUCKLAND STORES REMAIN CLOSED UNTIL FURTHER NOTICE IN LINE
WITH
CURRENT GOVERNMENT REGULATIONS
    * ANTICIPATES PROFITABILITY IN CURRENT YEAR WILL BE
ADVERSELY
IMPACTED COMPARED TO PERIOD JUST COMPLETED
    * CONSIDER IT PRUDENT TO DEFER DECLARATION OF FINAL DIVIDEND
    * WILL CONTINUE TO BE CAUTIOUS IN REGARD TO FUTURE IMPACTS
OF
COVID-19

Source text https://www.nzx.com/announcements/380075
Further company coverage:  HLG.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))