Feb 15 (Reuters) - JB Hi-Fi Ltd (JBH) posted an 86.2% rise in half-year profit, driven by a sharp uptick in online sales as consumers flocked towards electronics and household goods amid COVID-19 lockdowns.
The retailer said on Monday that net profit after tax grew to A$317.7 million ($246.6 million) for the half year ending Dec. 31, while online sales more than doubled to A$678.8 million.
The Melbourne-based firm declared an interim dividend of A$1.80 per share.
($1 = 1.2883 Australian dollars)
News: JBH Australia's JB Hi-Fi posts 86% rise in half-year profit on online sales boost
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Last
$117.70 |
Change
1.290(1.11%) |
Mkt cap ! $12.86B | |||
| Open | High | Low | Value | Volume |
| $116.33 | $118.33 | $115.89 | $50.55M | 430.1K |
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| JBH (ASX) Chart |