Harvey Norman has posted a 4 per cent drop in first half profit as bushfires and extreme weather impacted business during the peak Christmas trading period.
The furniture and electronics retailer reported a net profit of $213.59 million for the six months to December 31.
Revenue from franchisees, which include the Domayne and Joyce Mayne stores, was down 4.2 per cent to $497.84 million.
However, company-operated sales revenue, which includes overseas stores was up 5.4 per cent to $1.24 billion.
The company owns 95 of these in countries including Ireland, Singapore and Slovenia and opened five new stores in Malaysia during the first half.
Harvey Norman declared interim dividend at 12 cents per share, fully franked, the same as last year.
AAP
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