JB Hi-Fi chief executive Terry Smart says the company's commitment to driving value has resulted in it being able to continue positive financial momentum.
Shares in Australian home entertainment provider JB Hi-Fi hit a record mark on Monday, despite the company announcing its total sales and profit took hits throughout the first half of the 2024 financial year.
JB Hi-Fi says it made $544.9 million in net profit after tax in the 12 months to June 30, 7.7 per cent more than last year, as consumer demand stayed strong for electronics and home appliances.
Our daily board moves wrap includes Douglas Loh, Tim Desmond, Terry Smart, John Baillie, Petar Tomasevic, Leeanne Bond, Will Burbury, John Richards, Kevin Lines, Mark Zeptner, Tim Manners, Richard Jones, James Croser, Nader El Sayed, Les Davis, David Baxby, and Tim Bult.
