Hallenstein Glasson Holdings Limited Reports Consolidated Earnings Results for the Year Ended August 1, 2016
September 23, 2016 at 04:30 am EDT
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Hallenstein Glasson Holdings Limited reported consolidated earnings results for the year ended August 1, 2016. For the year, the company reported sales revenue of NZD 223,510,000 against NZD 221,520,000 a year ago. Operating profit was NZD 18,743,000 against NZD 23,736,000 a year ago. Profit before income tax was NZD 19,061,000 against NZD 24,368,000 a year ago. Net profit after tax attributable to the shareholders of the holding company was NZD 13,679,000 against NZD 17,386,000 a year ago. Basic and diluted earnings per share were NZD 22.93 against NZD 29.15 a year ago. Net cash flows from operating activities were NZD 14,101,000 against NZD 31,170,000 a year ago. Purchase of property, plant and equipment and intangible assets were NZD 5,917,000 against NZD 7,063,000 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.
HALLENSTEIN GLASSON HOLDINGS LIMITED 
