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Earnings Analysis: 
Myer Net Up 38%
Author: Trupti Mehta
123jump.com
Last Update: 7:10 AM ET March 11 2010


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Myer Holdings Ltd first half revenues rose 2% to A$1.8 billion and net profit rose 38% to A$115 million.

 
11:10PM Sydney, Australia – Myer Holdings Ltd revenue rose 2% and net profit rose 38%.

Myer Holdings Ltd, the department store group said first half revenues rose 2% to A$1.8 billion from A$1.76 billion a year ago. Net profit for the first half rose 38% to A$115 million compared to net profit of A$83 million a year ago.
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