Pick n Pay warns of big Covid-19 hit to earnings

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المملكة العربية السعودية أخبار أخبار

Profit warning underlines the high costs of staying open during the pandemic

Pick n Pay warned of as much as a 60% drop in half-year earnings on Wednesday, underlining the costs of staying open during the pandemic and the effect of trading restrictions for virtually its entire March-August reporting period.

The company expects that headline earnings per share, the main profit measure that strips out certain one-off, nontrading items, could fall in a range of 50%-60% to between 34.01c and 42.51c in the 26 weeks to the end of August.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

He banna we ate so much during lockdown! Or is it liquor earnings? Mxm ba batla ho retrench bana ba bang

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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