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LJ Williams Ltd says it expects improved performance in fiscal 2027, after a challenging year in which group sales and profits declined, largely due to weaker results at its subsidiary, The Home Store.
According to the company’s audited financial statements for the year ended March 31, 2026, the group reported a loss of $2.27 million for the 12-month period, compared to a loss of $2.86 million for the previous year. Group sales fell eight per cent to $147.7 million from the previous year.
Chairman Lawford Dupres said the lower performance was primarily attributable to reduced sales and profitability at The Home Store.
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