R1.5 billion lost to load shedding – at just one company

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 61%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The Foschini Group says it lost R1.5 billio ndue to load shedding

The Foschini Group says load shedding weighed heavily on its operations for the twelve months ended 31 March 2023.

By the end of the reporting period, 1,875 stores had backup power, representing approximately 75% of the group’s retail turnover, with plans in place for the rest of the group’s stores to get backup power. In light of the difficult operating environment, TFG said that it would adopt a conservative approach to its treatment of FY2024 as a year of consolidation with a focus on improving operating leverage.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 24. in PT

Portugal Últimas Notícias, Portugal Manchetes