HVN harvey norman holdings limited

News: HVN Australia's Harvey Norman posts 7.2% rise in annual profit

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    Aug 30 (Reuters) - Australia's biggest electronics retailer, Harvey Norman Holdings Ltd (HVN) , posted an 7.2% rise in annual profit on Friday helped by increased overseas sales.

    Net profit for the year ended June 30 came in at A$402.3 million ($271.7 million) compared to A$375.4 million a year ago, and above an average analyst estimate of A$385.1 million, according to Refinitiv data.

    The company declared a dividend of 21 cents per share.

    ($1 = 1.4806 Australian dollars)

 
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