JB Hi - Fi in Australia high positions in the first year of profit growth in three years

On August 12 (Reuters) - Australian electronics retailer JB Hi - Fi company reported a better-than-expected 11% (Monday) in its 2013 full-year profit, its first annual profit since 2010. 12 the company also said it will open new stores, in the 2014 fiscal year, is expected to total sales in 2014 increased by 6% and 8%, this year. Ending June 30 year except the after-tax net profit rose to A116300000 dollars ($107020000), compared with A104600000 dollars a year ago. The results beat analysts' forecasts of $A115400000, according to Thomson Reuters I/B/E/S data. This is slightly higher than the $11.2 billion, to $11.6 billion, in the company's own profit guidance may upgrade.

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