Industry News

Truworths FY profit rises 16 pct, credit a worry

August 15, 2012 Comments Off on Truworths FY profit rises 16 pct, credit a worry

August 15, 2012, 3:50 pm

JOHANNESBURG (Reuters) – South Africa’s biggest listed clothes retailer, Truworths, posted an expected 16 percent rise in full-year profit on Wednesday, but warned expensive credit may put pressure on earnings in the coming year.
Truworths, which sells middle- and hi…

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