Business
‘Shareholders have suffered’: Kathmandu chair defends not repaying JobKeeper – Sydney Morning Herald
David Kirk has defended Kathmandu’s decision to not repay $18.5 million in government grants and wage subsidies, saying the board did not want to cause more ‘pain’…
The retailers growth over the half means it will return to paying shareholder dividends for the first time in two years, declaring a 2 cent per share interim dividend, worth a total of $NZ14 million.
Companies have been under increasing pressure recently to repay their JobKeeper receipts if they grew their profits over the half-year, with corporates such as Eagers Automotive and Harvey Norman copping flak from shareholders and politicians.
Kathmandu sales have fallen over the half as the store was…
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