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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