Massmart 2018 earnings down nearly 32%

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

This is against the backdrop of a difficult economic environment, characterised by low economic and wage growth.

South African retail group Massmart said on Thursday its headline earnings fell 31.7% to R901.2 million in the 52 weeks to December 30.

It said this was against the backdrop of a difficult economic environment, characterised by low economic and wage growth as well as constrained consumer confidence.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Icasa expresses concern over MultiChoice listing despite complaint | Business | M&GIcasa has expressed its “concern” that the MultiChoice group proceeded with its listing on the JSE despite facing a complaint before Icasa’s complaints and compliance committee.
Source: mailandguardian - 🏆 2. / 92 Read more »