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JB Hi-Fi Limited Reports Strong Half-Year Financial Growth

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JB Hi-Fi Limited Reports Strong Half-Year Financial Growth

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JB Hi-Fi Limited ( (AU:JBH) ) has shared an announcement.

JB Hi-Fi Limited reported a 9.9% increase in revenue, reaching $5,670.4 million for the half-year ended December 31, 2024. The company’s profit from ordinary activities after tax rose by 8.1% to $285.7 million. This financial growth reflects the company’s strong market position and operational efficiency, potentially boosting shareholder confidence with dividends announced for the period.

More about JB Hi-Fi Limited

JB Hi-Fi Limited is a prominent retailer in the consumer electronics and home appliances industry, focusing on offering a wide range of products including audio equipment, computers, and televisions primarily in the Australian market.

YTD Price Performance: 10.54%

Average Trading Volume: 273,789

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$11.2B

Learn more about JBH stock on TipRanks’ Stock Analysis page.

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