Retail in Asia

In Trends

Harvey Norman’s profit still on the rise

Harvey Norman’s sales have grown in the three months to September, driving a 24 percent rise in pre-tax profit.

The retailer’s sales totalled AUD1.41 billion in the first quarter of the financial year, up 3.2 percent on the same period a year ago.

Like-for-like sales, which exclude the impact of new stores and closures, were up 3.4 percent from a year ago.