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Harvey Norman Holdings Ltd ( (AU:HVN) ) has provided an update.
Harvey Norman Holdings Ltd reported a significant increase in profit before tax (PBT) for the first half of 2025, reaching $400.29 million, a 41.2% rise from the previous year. The company’s total system sales revenue amounted to $4.83 billion, with franchisee sales showing notable growth across several months. The strategic expansion into England has incurred substantial establishment costs, but the company continues to see positive sales trends in its key product categories.
More about Harvey Norman Holdings Ltd
Harvey Norman Holdings Ltd is a prominent player in the retail industry, focusing on home appliances, television, audio, mobile, and computer technology. The company operates both domestically in Australia and internationally, with a strategic expansion into England.
YTD Price Performance: 9.31%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $3.94B
See more data about HVN stock on TipRanks’ Stock Analysis page.
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