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SYDNEY - Furniture and electrical retailer Harvey Norman Holdings Ltd says its nine month sales are up 16.8 per cent from the same period last year.
Sales from the franchised Harvey Norman stores, commercial divisions and other sales outlets in Australia, New Zealand, Slovenia and Ireland totalled A$3.98 ($4.56) billion.
Like-for-like sales for the nine months ended March 31 increased by 8.3 per cent.
"Sales revenue continued to be strong in all major categories, particularly audio visual and information technology," the company said.
On a quarterly basis, total sales were A$1.28 ($1.46) billion in the three months to the end of March .
When compared to sales for the second quarter, the increase was 17.2 per cent.
Like-for-like sales for the third quarter increased by 10.8 per cent from the same period last year.
Harvey Norman said in January that it expected to maintain double digit sales growth into the second half of this financial year, despite a competitive market.
It had reported first half sales of A$2.71 ($3.10) billion up 16.7 per cent while like-for-like sales rose 7.1 per cent.
The company in February reported a first half net profit of A$180.5 ($206.82) million, up 36.9 per cent.
- AAP
