KEY POINTS:
Wellington retailer Kirkcaldie & Stains said yesterday half-year unaudited net profit more than doubled to $747,000, allowing it to resume paying dividends earlier than expected.
Strong trading for the six months ended February 28 boosted sales by 11.5 per cent to $22 million. Net profit a year earlier was $286,000.
Rents received from tenants in the Harbour City Centre and stores-within-store added a further $2.1 million to revenue.
