Aug 17 (Reuters) - Australia's top electronics retailer JB Hi-Fi Ltd (JBH) on Monday posted a jump in annual earnings, as the shift to working from home prompted by coronavirus-led lockdowns boosted demand for computers and other visual and audio appliances.
Total sales climbed 11.6% to A$7.9 billion ($5.67 billion), in line with the company's recent forecast, while adjusted net profit after tax rose to A$332.7 million, beating its own expectation of as much as A$305 million seen earlier.
JB Hi-Fi also bumped up its final dividend by over 75% to 90 cents per share.
($1 = 1.3937 Australian dollars)
News: JBH Australia's JB Hi-Fi posts jump in annual profit, hikes dividend payout
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