Martha'S Department Store Net Profit Increased 2011 In Fiscal Year 14%

According to foreign reports, British retailers Martha department store The company (Marks&Spencer) announced today in fiscal year 2011. Net profit An increase of 14% and a total revenue growth of 2.1%.

In the fiscal year ending April 2nd, the net profit of the company increased from 523 million pounds in fiscal year 2010 to 598 million 600 thousand pounds (US $960 million), or 38.4 pence per share; its pre tax profit rose 11%, from 702 million 700 thousand pounds in the previous fiscal year to 780 million 600 thousand pounds; adjusted net profit was 34.4 pence per share, compared with 32.7 pence last year. The company's annual revenue increased from 9 billion 540 million pounds in fiscal year 2010 to 9 billion 740 million pounds.

Martha's department plans to distribute a dividend of 10.8 pence a share to shareholders, an increase of 14% over the previous year. The company started well at the beginning of this year, but said it would be cautious about its future management strategy. The company expects that because of the consumer's domination Income rise Increased pressure and high commodity prices will create challenges for the year.