Two retail conglomerates, which own the Supercheap Auto and JB-Hi-Fi businesses, reported first-half profits during the pandemic.
The Super Retail Group, which includes BCF, Macpac, Rebel and Supercheap Auto The company announced on Monday that, according to preliminary figures, net income after taxes is expected to increase up to 201 percent to $ 173 million Report earnings for the first half of the year.
According to preliminary figures from JB Hi-Fi, which also includes Whitegoods chain The Good Guys, net profit after taxes rose 86.2 percent to 317.7 million US dollars .
JB Hi-Fi will post earnings for the first half year on February 15th for the half year ended December 31st.
Super Retail Group shares rose 0.94 percent to 11.86 USD at 1154 AEDT.
Ref: https://thewest.com.au
