Fashion retailer Truworths’ annual profit rises as lockdown eases
JOHANNESBURG, Sept 2 (Reuters) – Fashion retailer Truworths
International Ltd reported a 26.8% increase in annual
profit on Thursday as COVID-19 lockdown restrictions eased in
South Africa.
The retailer, which also owns UK-based shoe chain Office,
said headline earnings per share, the main profit measure in
South Africa, rose to 520.3 cents in the 52 weeks ended June 27
from 410.4 cents in the prior comparable period.
South Africa-based Truworths declared a final cash dividend
of 118 cents, up from 31 cents in 2020.
(Reporting by Nqobile Dludla
Editing by Mark Potter)
Read more: https://mcc.exchange/2021/09/02/fashion-retailer-truworths-annual-profit-rises-as-lockdown-eases/
Text source: MCC.EXCHANGE
