Luxury department store David Jones says it may increase dividends as profits
improve. Chief executive Mark McInnes told journalists the business was in
‘‘terrific shape’’. ‘‘Our gross margins are good, our costs are good, our
inventories are clean, our debt is low,’’ he
David Jones has substantially raised its sales forecasts (AAP: Jeremy Piper)
David Jones says profit margins are growing and consumer confidence is
improving. The company has increased its first-half earnings outlook to
approximately 10 per cent growth, from previous estimates of
AAP Bradken Ltd has posted a 26.4 per cent decline in first half profit after
the company felt the brunt of the economic downturn, and is looking forward to
an improvement in trading conditions. The mining and engineered products
provider reported a net profit of $25.72 million for the
“The crisis has vividly demonstrated to the Chinese one of the downsides of
pursuing an export-oriented growth strategy, namely increased vulnerability to
adverse foreign shocks,” Yellen said in a paper released today that was adapted
from a report on a Nov. 15-21 trip by her to Asia. U.S.
JB Hi-Fi booked net profit of $76 million for the six months to December 31,
2009, up from $59 million in the prior corresponding period. Sales were up 23
per cent to $1.554 billion, from $1.262 billion. JB Hi-Fi's shares ended the
day down as much as 5.1 per cent, or $1.03, to
By Vivien Lou Chen “The crisis has vividly demonstrated to the Chinese one of
the downsides of pursuing an export-oriented growth strategy, namely increased
vulnerability to adverse foreign shocks,” Yellen said in a paper released today
that was adapted from a report on a Nov. 15-21
The company's profit is 29 per cent higher than the same period a year earlier,
with a 23 per cent rise in revenue to $1.55 billion. Most of the company's
increase in revenue was due to opening 15 new stores, but sales in its
pre-existing stores were 10 per cent higher. The company's chief
JB Hi-Fi has reported strong sales growth for the year, and the December
period, despite recent ABS figures showing a drop in retail sales (Andrew
Robertson ) Electronics retailer JB Hi-Fi has defied the economic downturn,
posting a $76 million profit in the first half of the 2009-10
JB Hi-Fi booked net profit of $76 million for the six months to December 31,
2009, up from $59 million in the prior corresponding period. Sales were up 23
per cent to $1.554 billion, from $1.262 billion. "Comparable store sales growth
for the period was 9.9 per cent," the company said in a
AAP JB Hi-Fi booked net profit of $76 million for the six months to December
31, 2009, up from $59 million in the prior corresponding period. Sales were up
23 per cent to $1.554 billion, from $1.262 billion. "Comparable store sales
growth for the period was 9.9 per cent," the company said
AAP Bradken Ltd has posted a 26.4 per cent decline in first half profit after
the company felt the brunt of the economic downturn, and is looking forward to
an improvement in trading conditions. The mining and engineered products
provider reported a net profit of $25.72 million for the
