(Reuters) - Australian electronics retailer Harvey Norman Holdings Ltd <HVN.AX> said on Friday annual net profit slid over 16 percent due partly to impairment losses.
Net profit for the 12 months ended June 30 was A$375.4 million ($272.5 million), compared with A$449 million the previous year.
The company declared a dividend of A$0.18 per share, up from the A$0.12 paid out last year.
($1 = 1.3778 Australian dollars)
(Reporting by Devika Syamnath in Bengaluru; Editing by Stephen Coates)