Briscoe Group Limited (NZX:BGP) released its half-year report from 27 January 2020 to 26 July 2020. The key highlights on PCP are:
- Revenue from continuing operations was down by 3.5 per cent to NZD 292,407, 000.
- Net profit/(loss) from continuing operations was down by 1.3 per cent to NZD 27,979, 000.
The Company’s investment in Kathmandu Holdings Limited (NZX:KMD) did not yield a dividend during the period due to response to the COVID-19 situation. However, BGP has decided to pay an interim dividend of 9.00 cents per share, compared to last year’s interim dividend of 8.50 cps.