Myer Witnesses Fall in its Profit Figures

Bernie Brookes

Myer Holdings has reported a fall in its full-year profit figures. However, remain optimistic for the fiscal 2011. It expects its net profit rise to lie between five and 10% for the fiscal year 2011.

Australia's largest department store chain has recorded a marginal climb in its full-year sales. The chain is reported to have announced a final dividend of 11.5 cents a share.

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