
When the department store owner of David Jones Ltd announced its fourth quarter sales, the share price increased two percent. This is according to the plan for year 2010 and 2011. The stock increased 11 cents to $5.06, the highest since March 18. On Wednesday the company ensures that after tax profit is between five and 10 per cent for the second half of fiscal 2010, between eight and 10 per cent for fiscal 2010 and between five and 10 per cent for fiscal 2011. David Jones chief executive Paul Zahra said that the global financial crisis was over as shown in the upward trend in June and July sales.
It is good to that David Jones’s share increase so it means that the economic crisis is over. It will going to be better in the future. In Thailand there have many brand, but most of the owner are foreigner. Every things depend on foreigner who are the owner of the brand, so Thailand can not be part of their business.
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