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British e-commerce group THG's core earnings slump 60%

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British e-commerce group THG reported a fall in its interim core earnings on Thursday, weighed down by higher commodity prices on the back of stubborn inflation.

Signage is seen on a THG warehouse building in Manchester, Britain, January 18, 2022. REUTERS/Phil Noblereported a fall in its interim core earnings on Thursday, weighed down by higher commodity prices on the back of stubborn inflation.

The company's adjusted core earnings for the six months ended June 30 slumped 60% to 32.3 million pounds .Reporting by Radhika Anilkumar in Bengaluru; Editing by Sherry Jacob-Phillips

 

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