Nick Scali Limited Announces Audited Consolidated and Parent Earnings Results for the Year Ended June 30, 2019
August 07, 2019 at 06:14 pm EDT
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Nick Scali Limited announced audited consolidated and parent earnings results for the year ended June 30, 2019. For the period, on consolidated basis, the company reported revenue from contracts with customers was AUD 268,025,000 compared to AUD 250,768,000 a year ago. Profit after income tax expense for the year attributable to the owners of the company was AUD 42,116,000 compared to AUD 40,979,000 a year ago. Basic and diluted earnings per share was 52 cents compared to 50.6 cents a year ago.
For the period, on parent basis, the company reported profit after income tax expense of AUD 41,663,000 compared to AUD 41,010,000 a year ago.
Nick Scali Limited is a furniture retailer operating in Australia and New Zealand. The Company is engaged in the sourcing and retailing of household furniture and related accessories. Its sofas and armchairs collection include recliner sofa collections, leather sofa collections, fabric sofa collections, occasional armchairs, and others. Its living room collections include TV and entertainment units, coffee tables, side tables, console and hallway tables, and others. Its dining room collections include dining tables, dining chairs, and buffet tables and sideboards. Its bedroom collections include mattresses, bedframes, bedside tables, and dressers, among others. Its rugs and accessories collections include rugs and mirrors. It imports more than 5,000 containers of leather and fabric lounges as well as dining room and occasional furniture. The Company has stores located in New South Wales, Queensland, Victoria, Tasmania, South Australia, Western Australia, and others.
NICK SCALI LIMITED 
