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Hallenstein Glasson $11.4 million profit slight improvement

By NZPA

Thursday 26th September 2002

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Clothing retailer Hallenstein Glasson Holdings has increased its profit slightly for the June year to a net $11.43 million, after tax.

The company will pay a final dividend of 9.5 cents per share, payable on December 16, on top of an interim dividend of 9cps.

Operating revenue rose to $175.1 million from $167.3 million the previous year, bringing the surplus before unusual items and tax to $17.09 million ($17.02 million).

Earnings per share fell slightly to 19.48cps, from 19.66cps.

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