Hallenstein Glasson has reported a slight increase in projected net profit after tax for the six-month period ended Feb 1 2024.
The company expects its unaudited group NPAT to be in the range of $21 million to $21.5m, representing a 2% rise compared to the prior year.
Group sales for the period remained relatively flat at $223m, compared to $223.3m in the same period last year.
Hallenstein Glasson noted that its balance sheet remains strong and gross margin for the half was improved, thanks to well-controlled stock levels.
The company will release a full announcement, including financial statements and dividend declaration, on March 28 2024.
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