New Zealand's Hallenstein Glasson hits over 8-month high on upbeat results

Hallenstein Glasson Holdings

28/03/2024 01:28

** Shares of Hallenstein Glasson Holdings  HLG.NZ  rise as
much as 2.2% to NZ$6.44, their highest since July 25
    ** Clothing retailer posts unaudited net profit after tax
(NPAT) of NZ$21.1 mln ($12.63 mln) for the six months ended Feb.
1, an increase of 1.5% from the previous corresponding period  
    ** Says unaudited total group sales for the period was
NZ$223.0 million, compared to NZ$223.3 million, earlier
    ** Co declares interim dividend of 24 NZ cents per share
    ** Stock has risen 21.2% this year as of last close


($1 = 1.6703 New Zealand dollars)

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))