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Briscoes reports reduced profit, record sales earnings this financial year

Author
Newstalk ZB,
Publish Date
Wed, 13 Mar 2024, 6:54pm
Photo / File
Photo / File

Briscoes reports reduced profit, record sales earnings this financial year

Author
Newstalk ZB,
Publish Date
Wed, 13 Mar 2024, 6:54pm

Briscoes has managed to withstand strong economic headwinds and deliver a strong profit.

The company announced a net profit after tax of $84.2 million for the year ending 28 January 2024- a 5 percent drop.

However, the total sales during that period were $792.0 million, an all-time high for the company.

Group Managing Director Rod Duke says it's clear the products the company offers clearly resonate with customers. 

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