Harvey Norman Holdings offshore revenue over $2 billion

Company News

by Rachael Jones

Harvey Norman Holdings (ASX:HVN) has seen record offshore retail sales revenue of $2 billion, that's up 9.7 per cent on last year.

The company saw good sales uplifts in Malaysian, Singaporean, Slovenian and Irish stores.

Net profit after tax and non-controlling interests for the year ended 30 June 2019 was $402.32 million, up $26.94 million, from $375.38 million in the previous year, a 7.2 per cent increase.

Profit before tax was $574.56 million, an increase of 8.4 per cent from $530.17 million in the previous year.

The Board has declared the payment of a fully-franked 2019 final dividend of 21.0 cents per share, to be paid on 1 November 2019.

Shares in Harvey Norman Holdings (ASX:HVN) trading 0.86 per cent lower at $4.63.