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Michael Hill International earned $22.3 million in half-year profit, a 32% rise, driven by strong sales in Canada, Australia, and New Zealand.
Michael Hill International reported a 32% increase in half-year net profit to $22.3 million for FY26, with revenue rising to $371 million.
Strong performance in Canada and Australia, along with a rebound in New Zealand sales, drove growth, supported by improved operations, better product mix, and a new distribution center in New Zealand enabling faster shipping.
The company improved its financial position, ending with a $20.7 million net cash surplus, and plans to resume dividends if performance continues.
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Michael Hill International obtuvo 22,3 millones de dólares en ganancias semestrales, un aumento del 32%, impulsado por fuertes ventas en Canadá, Australia y Nueva Zelanda.