COMPANY RESULTS: Blackouts cost Woolies R15m a month in profits last year

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 84%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Everyone’s feeling the pain from rolling blackouts – even those juicy Woolies chickens. But if you’re a shareholder, you should be delighted as the retailer has declared an interim dividend almost twice that posted in 2021, from 80.5c per share to ...

On the dark side, Eskom’s powerlessness cost Woolworths almost R90-million in profit over just six months, and blackouts are expected to continue putting a damper on business for the foreseeable future.

It said given the erratic and unpredictable nature of the rolling blackouts, it was focused on developing a “longer-term business solution to sustainably mitigate both upstream and downstream impacts to this challenge”. “We have made significant past investments in our energy supply capabilities, with 99% of our stores and all our distribution centres already equipped with generator capacity.”

Despite pressure on its food business, turnover grew by 7.6%, with sales growth accelerating to 8.6% in the last six weeks of the period, despite blackouts.The retail group said its “Fashion Beauty Home” turnaround strategy was gaining traction, with turnover and concession sales growing by 11.2% and 11% respectively. It had also focused on full-price sales and a smaller but more profitable winter clearance sale, which saw gross profit margins increasing to 48%.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

Le busy ka dinywek out. Prof Phakeng a re one of you daar mafaseng kae kae. 😂😂😂

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 3. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Woolies breaks interim earnings recordJSE-listed food, clothing and homeware retailer WOOLWORTHS_SA has recorded its highest interim earnings ever for the 26 weeks ended December 2022, the group said in a Sens statement on Wednesday. Moneyweb WoolworthsResults Matshoba_A WOOLWORTHS_SA Matshoba_A Their clothes is still crap. Sadly no one ever investigated the David Jones investment.... Smacks of corporate misrepresentation that financially benefitted only a few.
แหล่ง: Moneyweb - 🏆 5. / 77 อ่านเพิ่มเติม »