Premier profit up 20%

Company News

Premier Investments Ltd (ASX:PMV) is confident of growth opportunities in the year ahead.

The manager of specialist retail fashion chains, made the upbeat assessment as it handed down a strong lift in interim net profit.

In the six months to January 26, Premier posted a net profit of $46.46 million, marking a 20.7 per cent increase on the previous period.

Investors will receive a dividend of 19 cents, fully franked. 

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