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AAP
AAP
Adrian Black

JB Hi-Fi boosts profits but shares slip on CEO exit

JB Hi-Fi has posted a full-year net profit after tax of $462.4 million, up 5.4 per cent. (Diego Fedele/AAP PHOTOS)

Electronics and appliance retailer JB Hi-Fi has shrugged off regulator action to post a double-digit sales boost, but its boss is heading for the exit.

The group, which also owns The Good Guys, posted a full-year net profit after tax of $462.4 million, up 5.4 per cent, following group sales of $10.6 billion, a 10 per cent improvement on the year before.

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