MHJ Recommences Store Trading as Digital Trading Delivers Record Growth

  • May 15, 2020 12:48 PM NZST
  • Team Kalkine

Michael Hill International Limited (NZX:MHJ) has provided a business update across its market segments. Key points include:

  • The company is gradually reopening its stores in all markets with safety protocols in place;
  • It has registered strong digital trading growth, with sales above previous record Christmas 2019 levels for the past three weeks;
  • The company’s absolute focus is on cost reduction to eliminate non-essential expenditure and manage its cost of doing business (CODB).

At NZST 01:23PM, the stock was trading at $0.370 per share, up by 2.78% from its previous close.


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