According to Reuters, diluted headline earnings per share from continuing operations rose to 765.8 cents in the year ended June 28 compared with a restated figure of 746.9 cents a year earlier.
In a letter said to have been addressed to the Kenyan Union of Commercial Food and Allied Workers, Shoprite said it will close its City Mall store in Nyali, Mombasa area of the country.The company linked its decision to close the store to redundancy, adding that trading would stop before the end of August.
The company said it was evaluating all of its operations across Africa “based on current and future performance”.
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