The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an audited operating profit after taxation for the year to 30 April 2010 of $1.644million compared with $1.016million last year - an increase of 61.8% on last year.
The directors of Smiths City Group Limited (SCY) announce that from 1 July 2010 retail goods supplied by Fisher & Paykel Appliances Limited (FPA) will no longer be subject to a New Zealand Distribution Arrangement.
Smiths City Group Limited (SCY) continues its strategy to expand into the Wellington region with the opening of a new store in Queen Street, Upper Hutt.
Smiths City Group Limited (SCY) advises that it has signed an unconditional Agreement to Lease with Trentham City Investments Limited to open a retail outlet in a new retail development in Upper Hutt. The shop, with a foot print of 2,196 square metres in area, will open for business in March.
The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an operating surplus after taxation for the six months to October 2009 of $1.018million compared with $0.820million last year – an increase of 24.2%.
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