Thursday, 19 February 2009

Kings Park. Retailer's margins are thinner

The women’s fashion retailer, Noni B, at Kings park, said same store sales in the second half so far were ahead of a year ago, although margins were thinner. The company posted a first half net profit of $2.5 million, down from the $5.5 million it booked a year ago. First half revenue eased to $64.1 million, compared with $68.9 million a year ago, The Australian Financial Review reported.

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