Kathmandu Holdings Limited
(ASX:KMD) has announced a net profit of NZ$9.4 million for the six months ended 31 January 2016.
The result marks a turnaround from a loss of NZ$1.8 million the same period a year earlier.
The outdoor goods retailer recorded a 9 percent increase in revenue to NZ$196 million in the half year.
Chief executive officer Xavier Simonet noted that the company’s full-year 2016 guidance of a net profit of NZ$30.2 million is highly dependent on its Easter and winter campaigns.
Kathmandu will pay an interim dividend of NZ3c per share, unfranked
