Business
ASX 200 rises, JB Hi-Fi profit soars, Altium drops on Monday 15 February 2021
The S&P/ASX 200 Index (ASX: XJO) went up by 0.9% today to 6,869 points.
Reporting season is now entering one of the busiest weeks of the month. A number of businesses reported today. Some of them saw substantial share price movements.
The JB Hi-Fi share price went up by 3% today after reporting its half-year result for the six months to 31 December 2020.
The ASX 200 share revealed that total sales increased by 23.7% to $4.9 billion. Online sales jumped 161.7% to $678.8 million. Online sales represented 13.7% of total sales. JB Hi-Fi said that it has continued to invest in its online and digital offerings, including upgrades to its websites.
JB Hi-Fi said that its online offerings are supported and enhanced by its supply chain…
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