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AAP
AAP
Derek Rose

JB Hi-Fi to pay shareholders $200m, buy appliance brand

JB HiFi Terry Smart The Good Guys
JB Hi-Fi shareholders will get a special dividend after the firm's earnings exceeded expectations. (Diego Fedele/AAP PHOTOS)

JB Hi-Fi says it will reward shareholders with a multimillion-dollar special dividend after better-than-expected earnings pushed net profit beyond $400 million.

The company, which owns The Good Guys home appliance and consumer electronics brand, said it made a $439 million net profit after tax in 2023/24, down 16 per cent from the previous year. Sales were flat at $9.6 billion.

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