Hallenstein Glasson Holdings Limited Reports Unaudited Group Earnings Results for the Six Months Ended 1 February 2018
May 01, 2018 at 02:00 pm IST
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Hallenstein Glasson Holdings Limited reported unaudited group earnings results for the six months ended 1 February 2018. For the period, the company reported sales revenue of NZD 146,757,000 as compared to NZD 122,911,000 for the same period last year. Operating profit was NZD 21,019,000 as compared to NZD 12,689,000 for the same period last year. Profit before income tax was NZD 21,155,000 as compared to NZD 12,824,000 for the same period last year. Net surplus attributable to the shareholders of the parent was NZD 15,142,000 as compared to NZD 9,185,000 for the same period last year. Basic and diluted earnings per share was NZD 25.39 as compared to NZD 15.40 for the same period last year. Net cash flows from operating activities was NZD 20,711,000 as compared to NZD 15,147,000 for the same period last year.
Hallenstein Glasson Holdings Limited is a New Zealand-based retailer of men's and women's clothing in New Zealand and Australia. The Company's segments include Hallenstein Brothers (Hallenstein Bros Ltd (New Zealand) and Hallenstein Brothers Australia Limited (Australia)); Glassons Limited (New Zealand); Glassons Australia Limited (Australia); Hallenstein Properties Limited (New Zealand), and Hallenstein Glasson Holdings Limited-Parent (New Zealand). Its products category includes tops, dresses, pants, denim, linen, swimwear, super soft, and accessories. It offers various types of tops, such as singlets and tanks, t-shirts, shirts and blouses, long sleeve tops, bodysuits, corset tops, fashion tops, shrugs, and jumpers. It provides various types of jeans, such as high rise, low rise, wide leg, straight leg, cargo, and ripped jeans. It also offers various types of coats and jackets, such as blazers, faux leather jackets, puffers, and denim jackets.