As announced by the Chairman at the August 2011 Annual Meeting, the Directors of Smiths City Group Limited have sent the following letter to all shareholders holding below the minimum shareholding of 1,000 as required by Rule 1.6.1 of the NZX Listing Rules.
SMITHS CITY DOUBLES HALF YEAR PROFIT FOR 2011 - DECEMBER 2011
The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an operating surplus after taxation for the six months to October 2011 of $1.643million compared with $0.790million last year – an increase of 108%.
The Directors of Smiths City Group Limited today announce that unaudited retail sales for the six months ended 31st October were $104.4million, compared to $103.9million for the same period last year, an increase of 1%.
The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an operating surplus after taxation for the 12 months to 30 April 2011 of $1.892million compared with $1.644million last year – an increase of 15.1%.
The directors of Smiths City Group Limited (SCY) advise that following the significant aftershocks in Christchurch yesterday (Monday 13 June) all its sites in Christchurch closed for the afternoon for precautionary reasons.
Smiths City Group Limited (SCY) provides the following update to previous announcements on the effects of the earthquake centred in Christchurch on Tuesday 22 February 2011.
Smiths City Group Limited (SCY) provides the following update to its announcement on Thursday 24 February of the effects of the earthquake centered on Christchurch on Tuesday 22 February.
Smiths City Group Limited (SCY) advises that no staff or customers were injured in the earthquake, which caused widespread destruction to Christchurch on Tuesday 22nd February.However there has been significant damage to the Central Christchurch trading assets of the company.
The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an operating surplus after taxation for the six months to October 2010 of $0.790million compared with $1.018million last year – a decrease of 22.4%.
The Board of Directors of Smiths City Group Limited (SCY) is pleased to announce that Ms Sarah Ottrey and Mr. Gary Rohloff have been appointed as independent non-executive directors of the company.
Smiths City Group Limited (SCY) has previously announced (29 September 2010) that Susan Jane Sheldon has given notice she intends to resign as a director of the company on 30 November.
Smiths City Group Limited (SCY) provides the following update to its release of 21 September 2010 concerning trading following the earthquake in Canterbury and the severe snow storm in Southland.
Smiths City Group Limited (SCY) announces that Susan Jane Sheldon has given notice that she intends to resign as a director on 30 November. Ms Sheldon is an independent director as defined by the NZX Rules and was appointed a director in May 2005.
Smiths City Group Limited (SCY) provides the following update as a response to the recent severe snow storm in Southland and the earthquake in Canterbury.
Smiths City Group Limited (SCY) advises that engineers have completed an inspection of the Colombo Street, Christchurch property this morning, Thursday 9 September. The building has been declared safe and is OK for use.
Smith City Group Limited (SCY) advises that, following the aftershock this morning (Wednesday, 8th September) the Colombo Store in Christchurch is closed pending an inspection by engineers
Smiths City Group Limited (SCY) advises that the earthquake which caused widespread destruction in Canterbury in the early hours of Saturday 4 September has caused minimal damage to the trading assets of the company.
The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an audited operating profit after taxation for the year to 30 April 2010 of $1.644million compared with $1.016million last year – an increase of 61.8% on last year.
The directors of Smiths City Group Limited (SCY) announce that from 1 July 2010 retail goods supplied by Fisher & Paykel Appliances Limited (FPA) will no longer be subject to a New Zealand Distribution Arrangement.
Smiths City Group Limited (SCY) continues its strategy to expand into the Wellington region with the opening of a new store in Queen Street, Upper Hutt.
Smiths City Group Limited (SCY) advises that it has signed an unconditional Agreement to Lease with Trentham City Investments Limited to open a retail outlet in a new retail development in Upper Hutt. The shop, with a foot print of 2,196 square metres in area, will open for business in March.
The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an operating surplus after taxation for the six months to October 2009 of $1.018million compared with $0.820million last year – an increase of 24.2%.
The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an audited operating surplus after taxation for the year to 30 April 2009 of $1.016million compared with $3.562million last year – a decrease of 71.48%.
The Department of Statistics last Friday released the retail sales figures for March 2009. In the big ticket retail markets furniture and flooring sales have fallen each month compared with the same month last year since January 2008.
The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an operating surplus after taxation of $820,000 compared with $1.759million last year – a decrease of 53.4%.
The Directors of Smiths City Group Limited, the listed Christchurch based retailer, have announced an operating surplus after taxation for the year to April 2008 of $3.562million compared with $3.624million last year – a decrease of 1.7%.
The Directors of Smiths City Group Limited, the listed Christchurch based retailer, have announced an operating surplus after taxation of $1.759million compared with $1.737million last year – an increase of 1.3%.
PROFIT DOWN BUT GROWTH STRATEGY ON TRACK AT SMITHS CITY
The Directors of Smiths City Group Limited, the listed Christchurch based retailer, have announced an operating surplus from trading of $4.10million down from $5.04million last year – a decrease of 18.6%.
The Directors of Smiths City Group Limited have announced an unaudited pre-tax profit from operations of $2.049million for the six months to 31 October 2006 - a decrease of 9.8% over the six months 31 October 2005.
The Directors of Smiths City Group Limited, the listed Christchurch based retailer, have announced an audited after tax profit of $5.436million for the year to 30 April 2006 compared with $8.707million for the year to 30 April 2005.
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