Founded in Christchurch in 1918 by Henry Cooper Smith - Smiths City Group Limited is a Christchurch based holding company active in three complementary industry segments – Retail, Property & Consumer Finance.
DIRECTOR’S REPORT The Directors of Smiths City Group Limited, the Christchurch based retailers, have announced an operating surplus after taxation for the six months to 31 October 2016 of $1.37 million compared with $2.55 million last year. (The prior year surplus included a one off profit of $1.8 million flowing from the sale of the
For the first six months of the financial year to October 2016, Smiths City Group (SCY) is pleased to announce increased revenues of 17.6%, when compared to the same period last year, due in part to the purchase of Furniture City in April 2016. On a same store basis, sales revenues increased by 7.7%. Delivered
Smiths City (Southern) Limited is the Group's trading arm. This company operates through Smiths City, with centralised back office support functions. The over-riding retail strategy centres upon the retailing of branded products.