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South Africa's Dis-Chem posts 17.2% fall in half-year profit

South African pharmacy chain Dis-Chem Pharmacies reported a 17.2% decline in half-year earnings on Friday, 3 November, hit by the constrained economic environment, higher interest rates and costs associated with power cuts.

3 Nov 2023

Source: Reuters.

Source: Reuters.

The group's headline earnings per share, a key metric of profit for South African companies, fell to 58.2 cents in the six months ended 31 August from 70.3 cents in the same period a year ago.

Dis-Chem launches health podcast

2 Nov 2023

Read more: pharmaceuticals, pharmacies, Dischem

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Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

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