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.
The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an operating surplus after taxation for the 12 months to 30 April 2013 of $5.4million (last year $4.3million) – an increase of 22.7%. Operating revenues for the 12 months remained static at $222.5million. The Directors have declared an unimputed final year dividend
The Board of Directors of Smiths City Group (“the Group”) confirms the following share movements between substantial shareholders in the Group: - Retail Management Services 2000 Limited- a company associated with Smiths City Group Director Richard Hellings – sold 1,250,000 shares to LLS Charitable Remainder Unitrust dated 12/28/89 at a price of 61.5 cents per
Smiths City (Southern) Limited is the Groups trading arm. This company operates through three divisions Smiths City, Powerstore and Alectra with centralised back office support functions. The over-riding retail strategy centres upon the retailing of branded products.