10:00AM Sydney, Australia - David Jones Limited sales rose 6.2% and net profit rose 2.4%.

David Jones Limited, Australia’s second-biggest department store chain said first-half sales rose 6.2% to A$1.06 billion from A$1.13 billion. Net profit in the firs-half rose 2.4% to A$91.2 million or A$17.7 per diluted share compared to net profit of A$89 million or A$18.2 per share, a year ago.

David Jones Limited, in the last one year traded as high as A$4.64 in September 2008 and as low as A$2.02 in March 2009. Based on the yesterday’s closing price of A$2.70 the company has market cap of A$1.31 billion.