Nick Scali Limited Reports Unaudited Consolidated Earnings Results for the Half-Year Ended December 31, 2018
February 05, 2019 at 04:25 pm EST
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Nick Scali Limited reported unaudited consolidated earnings results for the half-year ended December 31, 2018. For the period, the company reported revenue from sale of goods was $141,078,000 against $127,953,000 a year ago. Profit after income tax expense for the year attributable to the owners of the company was $25,387,000 against $23,514,000 a year ago. Net profit after tax was $25,400,000. Basic earnings per share was $31.3 against $29.0 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 
