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Earnings Analysis: 
David Jones Net Up 10%
Author: Trupti Mehta
123jump.com
Last Update: 7:08 AM ET March 17 2010



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David Jones Limited first half revenues rose 3% to A$1.09 billion and net profit rose 10% to A$100.5 million or 19.4 cents a share.

 
10:10PM Sydney, Australia – David Jones Limited revenue rose 3% and net profit rose 10%.

David Jones Limited, the department store group said first half revenues rose 3% to A$1.09 billion from A$1.06 billion a year ago. Net profit for the first half rose 10% to A$100.5 million or 19.4 cents per diluted share compared to net profit of A$91.2 million or 17.7 cents per share a year ago.

David Jones Limited, in the last one year traded as high as A$5.96 in November 2009 and as low as A$2.36 in March 2009. Based on the yesterday’s closing price of A$5.10 the company has market cap of A$2.55 billion.
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