NZ's Hellaby Holdings H1 up 81 percent
WELLINGTON, Feb 26 (Reuters) - New Zealand retail investment company Hellaby Holdings Ltd (HBY.NZ: Quote, Profile, Research, Stock Buzz) said on Tuesday its half year net profit rose 81 percent on stronger trading.
Net profit for the six months to Dec. 31 was NZ$5 million ($4 million).
The company said last year its adjusted net profit was NZ$4.5 million, as it needed to book a one-off loss of NZ$2.6 million related to accounting rules.
The interim dividend was 5 cents per share, compared with 10 cents per share last year.
Hellaby shares last traded unchanged at NZ$1.94, having traded between NZ$1.87 and NZ$4.29 over the past year.
The company owns stores selling automotive supplies, shoes, barbecues and spa pools. (NZ$1=$1.23)
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