The company now anticipates first-half NPAT will be 8 to 13 per cent lower than the prior year in constant currency terms.
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Centro to see fall in profit
The company said it anticipates its half-year underlying profit for period ending 31 December 2010 will be 20 per cent below the $81 million from corresponding results last year.
The pressure is on for Metcash
The company saw its wholesale sales rise 5.8 per cent to $5.94 billion while its EBITA grow 7.7 per cent to $199.4 million for the six months to October 31 2010.
Oroton’s online hike
According to the company, video footage of products, brand history in Chinese language and an area called ‘the studio’ to sell vintage and one-off samples assisted in the boost.
Harvey Norman franchisees boosts revenue
The company delivered an underlying result before tax of $314.17 million compared with an underlying result of $308.06 million for the prior year, an increase of 2 per cent.
Market expansion for Pumpkin Patch
With its net profit after tax up 76 per cent from $14.5 million in 2009 to $25.5 million, childrenswear retailer Pumpkin Patch is looking to continue to expand its footprint across a number of markets.
DJs comes out on top
Despite intensive discounting and promotional activity followed by two cycles of the Government Stimulus packages, DJs has reported a steady increase in its profits for the year ended 31 July 2010.
Fraud on EFTPOS cards 10 times lower than other cards
Pressing cheque or savings at the point of sale is the safest and most secure point of sale payment option for Australian consumers, according to the Australian Payments Clearing Association.
JB Hi-Fi continues to smash records
JB Hi-Fi Limited has announced a record half yearly net profit of $76 million from $1.554 billion in sales for the six month period ending 31 December 2009.