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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Michael Hill annual earnings hit hard by Covid-19

No dividends for shareholders.

Michael Hill International has posted full-year net profit after tax of $3.1 million, down 81% from $16.5m a year earlier, after store closures to tackle the spread of Covid-19 hit sales.

The jewellery chain made earnings before interest and tax (ebit) of $14.1m in the year to June 28, down

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Calida Stuart-Menteath Wed, 19 Aug 2020
Contact the Writer: calida@nbr.co.nz
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Michael Hill annual earnings hit hard by Covid-19
General Business,
84619
true