Market reacts positively to Michael Hill's profit plunge
The dead weight of underperforming business has been cut away.
Calida Stuart-Menteath
Tue, 28 Aug 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Michael Hill International’s profit plunged in its latest financial year but the market has reacted positively, seemingly relieved the dead weight of the US business has been chopped away and the company repositioned.
The Brisbane-based jewellery company’s net profit after tax was $A4.6
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Calida Stuart-Menteath
Tue, 28 Aug 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
