Hallenstein Glassons Holdings posted a 53% jump in full year profit
The group has seen net income rise to $19.6 million, in the 12 months ended Aug. 1, from $12.8 million a year earlier.
The company reports that they’ve had cut the number of sales that they had last year. Even with a 5% increase so far this year (on last years figures), the group is not expecting to maintain this kind of result as it realises that the market is tight, and retail is still a challenging environment at the moment.
For more information on share prices and profits released by the company, visit http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10676387
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