Fin24/File
But group revenue still rose 6.5% in the quarter, boosted by new stores and acquisitions, while it says its market share is still higher than pre-Covid-19.SA's largest retailer by store footprint Pepkor has reported a fall in like-for-like sales during the three months to end-December, amid a poor performance from overly pricey stock at Ackermans, while the hit from load shedding on the group more than tripled.
Pepkor’s group merchandise sales for the retail segments increased 7.7% for the quarter, however, rising 1.4% on a like-for-like basis at PEP. Although trading hours lost due to load shedding surged 221% year on year, the firm said its discount offering held up well in a high inflation environment, and its market share remains higher than it was before Covid-19.
Pepkor noted that credit is not a significant sales enabler for the group, and that this growth in credit sales was achieved on a prudent basis. It added that"collections and non-performing loans remain at satisfactory levels across all four credit books".Back to school The Building Company’s performance was in line with expectations, while the JD Group reported weaker trading as demand for durable products deteriorated.
But he said the good news was that even though the group had increased credit sales and loan disbursements, its collections and non-performing loans were at satisfactory levels across all its credit books.A deep dive into the big business story of the week, as well as expert analysis of markets and trends.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Tongaat Hulett CEO Gavin Hudson resigns, business rescue plan is delayed | BusinessThe release of a business rescue plan for embattled sugar producer Tongaat Hulett has been pushed by a month until the end of February, when CEO Gavin Hudson will also leave the firm after just over four years in the job. | News24_Business _Business Easy solution ask young Johan Rupert to help
แหล่ง: News24 - 🏆 4. / 80 อ่านเพิ่มเติม »
El Niño set to return, but load shedding is the bigger threat to SA crops | BusinessEl Niño is expected to make a return this year, but agricultural economists say it's unlikely to impact summer grains - instead, the key threat to SA agriculture is load shedding. | News24_Business _Business AND WATERSHEDING- wide area around Rosebank is out _Business You now you're screwd if your government is a bigger disaster than anything nature can throw at you. _Business Am so happy, I don't know what to say you are the best trader I just got the $8,700 alert an hour ago in my Bitcoin wallet account I was a bit busy before now I know trading in Bitcoin with you is legitimate thanks for your opinion and opportunity easy_to_earn80k
แหล่ง: News24 - 🏆 4. / 80 อ่านเพิ่มเติม »
Gold mines and untold stories: Soweto's urban hikes | BusinessSoweto is full of gritty urban landscapes and alleys which evoke its history as one of apartheid's battlegrounds. Yet there is also a gentler side to the vast Johannesburg township, and one that local entrepreneurs are portraying to curious tourists. Toe ek my werk verloor het, het ek gedink ek het dit alles verloor. Met die bietjie kontant van R3000 het ek R33,000 binne 'n week verhandel, sy weet dalk nie, maar sy het my regtig gered richard1_ray Ek het nog 'n groot wins van R120,450 vir die tweede keer gekry na nog 'n suksesvolle handel met richard1_ray , ek twyfel van die begin af daaraan, maar dit het my eintlik verkeerd bewys, nou glo ek dat Bitcoin Mining Real is. boodskap richard1_ray oor hoe om te begin Just remove all the shopping malls that they've mistaken for development rather than see it for what it truly is - the destruction of native economy. That's the starting point.
แหล่ง: News24 - 🏆 4. / 80 อ่านเพิ่มเติม »
These young robotics wizards are on a mission to provide limbs to the disabled | BusinessIn the suburbs of Kikuyu in Kenya's Kiambu County, 29-year-old Moses Kiuna and his cousin David Gathu are fiddling with wires and electric cables in their workshop, their grandmothers' former granary. | News24_Business _Business At last I bravely gave a try after a Friend recommended Mathilda, month ago i invested a min R6k been a jobless hustler, but i literally can't tell of how happy i am right after a profit return of R21k not much of it but surely it worth it, hit her up for startup Mathildanewtoon
แหล่ง: News24 - 🏆 4. / 80 อ่านเพิ่มเติม »
ChatGPT is testing a paid version — here's what that means for free users | Business InsiderAs OpenAI moves toward charging for more sophisticated versions of its popular ChatGPT bot, users may wonder how much longer they can count on it staying free. | BISouthAfrica
แหล่ง: News24 - 🏆 4. / 80 อ่านเพิ่มเติม »