Tuesday, 31 August, 2004 - 22:00
Joyce profit up 14pc
JOYCE Corporation has recorded an after tax profit of $2.35 million for 2003-04, an increase of nearly 14 per cent on the previous year.
Joyce Corporation Limited franchises the Bedshed chain of retail bedding stores in Australia. It also owns and operates in Bedshed stores in Western Australia, Victoria, New South Wales, and Queensland.
In addition, the company leases a commercial property in New South Wales.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
296th | Automotive Holdings Group | 48.06% | 1.45% |
297th | Premier Investments | 48.02% | 16.4% |
298th | Joyce Corporation | 47.99% | 32.44% |
299th | Suncorp Group | 47.74% | 13.02% |
300th | Horizon Oil | 47.36% | 30.68% |
Rank | Company | # | |
---|---|---|---|
33rd | ![]() |
Omni Bridgeway | $194.69m |
34th | ![]() |
BWP Trust | $174.46m |
35th | - | Swick Mining Services | $151.05m |
36th | ![]() |
Joyce Corporation | $148.40m |
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NEW ROLE: Nick Palmer, Non-Executive Director | 01 Sep 2022 |
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NEW ROLE: Gavin Culmsee, Chief Operating Officer, Bedshed | 10 May 2022 |
JOYCE Corporation has recorded an after tax profit of $2.35 million for 2003-04, an increase of nearly 14 per cent on the previous year.
THE Australian Competition and Consumer Commission has held up the sale of Joyce Corporation’s foam business to Pacific Brands until at least next month.
JOYCE Corporation has announced that its 49 per cent-owned furniture business, Bedshed, will expand into Queensland after it signed an agreement to acquire the Mattress Discounters business. The deal will add eight stores to the Bedshed operation nationally.
Taking full ownership of the Bedshed brand is one option for O'Connor-based Joyce Corporation as it reviews its growth plans.
TAKING full ownership of the Bedshed brand is one option for O’Connor-based Joyce Corporation as it reviews its growth plans.Joyce chairman Daniel Smetana said the company was considering and reviewing a number of complementary growth options it had identified for the next 12 to 18 months.One of the
The Directors of Western Australian company Joyce Corporation have announced they will proceed with the acquisition of the Bedshed group.
Bedding franchiser Joyce Corporation Ltd has reported a small increase in net profit after tax to $1.428 million, and outlined plans for further growth of its retail operations.
Bedding franchiser Joyce Corporation has reached a deal to sell its Queensland property for $9 million, some $500,000 more than its valuation at the end of the 2008 financial year.
Bedshed owner Joyce Corporation says its directors have agreed to a 10 per cent pay cut in what it calls the "acknowledgement of our economic times".
Bedding franchiser Joyce Corporation says it will pursue other avenues of interest after a $9 million deal for the sale of a Queensland property fell through.
Osborne Park-based Joyce Corporation has sold a Queensland property for $7.5 million and will use the majority of the proceeds to reduce the company's bank debt and improve gearing ratios.
Bedshed owner Joyce Corporation will investigate further an opportunity to invest in a national retail company that specialises in kitchens and wardrobes.
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ASX-listed Joyce Corporation generated $73.1 million in the first six months of the 2024 financial year, up 6 per cent from the prior corresponding period.
The company behind Bedshed experienced profit headwinds over FY25’s first half as hip pocket pain kept shoppers at bay.
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