Half Year 2023 Trading Update

MKTUPDTE
Thu, Nov 17 2022 04:43 pm

Trading Update

Just Life Group Ltd (NZX:JLG) has today provided a trading update for the Half-Year period ending 31 December 2022, ahead of its Annual Meeting tomorrow.

For the Half-Year period ending 31 December 2022, JLG is expecting net profit from continuing operations to be between $1.1 million and $1.3 million, in comparison with the net profit from continuing operations of $1.575 million for last year’s corresponding period. This is primarily due to the following:

Healthy Living

• Profitability has been affected by stock outs in the supply of health supplements.

Healthy Homes

• Profitability has been affected by a noticeable slowdown in new build homes.

A further update will be provided when the unaudited 2023 Half-Year Results are announced in late February 2023.

Tony Falkenstein
Chief Executive Officer
E: [email protected]
M: +64 21 950 856


Announcement PDF


Markets News

Wall Street reels as Trump’s plan sinks markets
Markets

Wall Street reels as Trump’s plan sinks markets

The president’s sweeping tariffs proved far more severe than investors predicted.

Economy

Trump’s tariffs may spur a more dovish RBNZ

The risk appears more weighted to the RBNZ cutting the OCR further than otherwise.

Trump’s tariffs may spur a more dovish RBNZ