JB Hi-Fi FY profit rises

Company News


JB Hi-Fi’s Limited (ASX:JBH) full year net profit has lifted 11.2 per cent to $116.4 million.
 
The result was slightly above the market consensus of $115.5 million.
 
Revenue in the year was $3.3 billion, 5.77 per cent higher on last year’s result.
 
JB Hi-Fi says it expects further growth in the consumer electronics market and increased sales in the coming year.
 
The group will pay a fully-franked final dividend of 22 cents, payable on September 6.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?