Hallenstein Glasson Holdings Limited has announced that total Group sales for the six-month period ending 1 February 2022 were $170.6 million, a decrease of -6.2% from the prior corresponding period ($182.0 million).
Group unaudited profit after tax is projected to be in the range of $11.1 million to $12.1 million, down from the prior year's $19.8 million.
The Group's stores were impacted by COVID-19 related lockdowns, resulting in 5,432 lost trading days.
Online sales account for 33% of Group sales in the first half.
The Group's balance sheet remains strong and stock levels are well controlled.
A full report, including a dividend declaration, will be released on 25 March 2022.
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