Woolworths expects 70% fall in earnings on effect of Covid-19

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

대한민국 뉴스 뉴스

Annual earnings will also be hit by a change in accounting standards

Retail group Woolworths said on Friday that it expects earnings to drop by as much as 70% in the full year to end-June citing the impact of the pandemic and a change in accounting standards.

Headline earnings per share are expected to have dropped by between 60% to 70%, or between 102.9c to 137.2c, in the 52 weeks to June 28. 16 standards.is expected to have fallen to between 50c and 70c from 113c in the comparable period. The group said the effect of Covid-19, which has weighed on the retailer’s performance in the second-half of the financial year, is expected to continue for the rest of the year.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인