News: JBH Australia's JB Hi-Fi annual profit jumps 67%

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    Aug 16 (Reuters) - Australian electronics retailer JB Hi-Fi Ltd (JBH) on Monday reported a 67.4% jump in annual profit, powered by a surge in online sales of electronic gadgets and home appliances during the COVID-19 pandemic.

    The company said net profit after tax rose to A$506.1 million ($373.10 million) for the year to June 30 from A$302.3 million a year earlier. It paid a final dividend of 107 Australian cents per share.

    ($1 = 1.3565 Australian dollars)

 
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