Brief: Hallenstein Glasson Says HY Net Profit After Tax Increased By 74.8%

Hallenstein Glasson Holdings

30/03/2023 21:29

March 31 (Reuters) - Hallenstein Glasson Holdings Ltd
 HLG.NZ :
    * GROUP SALES FOR SIX MONTHS WERE NZ$223.29 MILLION, AN
INCREASE
OF 30.9%
    * HY NET PROFIT AFTER TAX WAS NZ$20.83 MILLION (UNAUDITED),
AN
INCREASE OF 74.8%
    * DIRECTORS HAVE DECLARED AN INTERIM DIVIDEND OF 24 NZ CENTS
PER
SHARE (PARTIALLY IMPUTED)
    * TRADING ENVIRONMENT FOR FIRST EIGHT WEEKS OF WINTER SEASON
HAS
BEEN CHALLENGING
    * SIGNIFICANT CHALLENGES ARE EXPECTED TO CONTINUE FOR
REMAINDER OF
SEASON
    * GROUP SALES FOR FIRST EIGHT WEEKS OF WINTER SEASON ARE
+13.9%
AHEAD OF SAME PERIOD LAST YEAR
    * EXPECT AUSTRALIAN TRADING ENVIRONMENT TO REMAIN STRONGER
THAN
THAT OF NEW ZEALAND

Further company coverage:  HLG.NZ 

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