PDA

View Full Version : Massmart’s 1st-Half Profit Climbs 14% as Sales Rise - Bloomberg



NewsWhore
02-26-2009, 04:51 AM
<img alt="" height="1" width="1">
Massmart’s 1st-Half Profit Climbs 14% as Sales Rise (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Daw2rAI.Jew00%26refer%3Dafrica&cid=1308535918&ei=mmamSdn-BIuwMrnnqZUE&usg=AFQjCNH8jw43MgP7_fuOWPtQs0BqHz336w)
Bloomberg
Revenue from the rest of Africa increases by 45.4 percent driven by increased sales volumes and a 28 percent decline in the value of the rand last year, which boosted earnings when “translated into domestic currency,” Pattison said. ...


More... (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Daw2rAI.Jew00%26refer%3Dafrica&cid=1308535918&ei=mmamSdn-BIuwMrnnqZUE&usg=AFQjCNH8jw43MgP7_fuOWPtQs0BqHz336w)