Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Jacob Shteyman

DARK SECRETS: Temple webster shares plunge after profit drop | Rare Historical Photos

Chief executive Mark Coulter said the company was focused on optimising margins and managing costs. (PR HANDOUT IMAGE PHOTO) (AAP)

Temple & Webster chief executive Mark Coulter is "more confident than he's ever been" that the online furniture and homewares retailer will remain Australia's biggest, even as it reported a 47 per cent drop in half-yearly profit to $3.9 million.

Temple shares were pummelled by the market after Tuesday's earnings report, plummeting by about one-quarter.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.