Hallenstein Glasson Holdings Limited Reports Audited Consolidated Earnings Results for the Year Ended August 1, 2018
September 28, 2018 at 06:04 am EDT
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Hallenstein Glasson Holdings Limited reported audited consolidated earnings results for the year ended August 1, 2018. For the year, the company reported sales revenue of NZD 277,642,000 against NZD 239,004,000 a year ago. Operating profit was NZD 37,819,000 against NZD 23,831,000 a year ago. Profit before income tax was NZD 38,061,000 against NZD 24,070,000 a year ago. Net profit after tax attributable to the shareholders of the holding company was NZD 27,361,000 against NZD 17,269,000 a year ago. Basic and diluted earnings per share were NZD 45.87 against NZD 28.95 a year ago. Net cash flows from operating activities were NZD 35,312,000 against NZD 29,195,000 a year ago. Purchase of property, plant and equipment and intangible assets were NZD 9,312,000 against NZD 12,138,000 a year ago.
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.