Business
Virus lockdown lifts JB HiFi to 21 per cent profit increase as customers work from home – PerthNow
Entertainment retailer JB HiFi has posted a 21 per cent increase in profits for the 2019/20 financial year as customers spend up on electronic equipment.
Entertainment retailer JB HiFi has been buoyed by customers spending more on electronic equipment to shore their home offices during the coronavirus pandemic, posting a 21 per cent profit rise for the 2019/20 financial year.
The profit of $302 million came as sales rose 11.6 per cent to $7.9 billion across the group, which includes stores in both Australia and New Zealand and the Good Guys whitegoods retailer.
The group is paying a dividend increase of 47 cents per share – or 33 per cent – to …
-
Business17 hours ago2 Low Cost Active ASX ETFs to consider
-
Noosa News18 hours agoYoung voices shape Sunshine Coast’s future
-
Noosa News15 hours agoSudden death investigation, Maroochydore – Sunshine Coast
-
General22 hours agoUS stocks sink further as Donald Trump urges Americans to be ‘courageous and patient’