Retail giant Harvey Norman's 35 per cent fall in profit was a lacklustre result but Gerry Harvey sees a bright future driven by AI and Malaysia.
The company's profit was down to $352.5 million while its operating cash flow for 2023/24 grew to $686.5 million - $6.3 million more than year - and revenue fell 3.9 per cent to $4.1 billion.
