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Massmart earnings up 13%
Wholesale and retail group Massmart on Thursday reported a 13.3% increase in headline earnings per share for the 26 weeks ended December 2008 from 370.3 cents to 420.1 cents.
Headline earnings increased 13% to R863 million, while trading profit was up 11% to R1,334 billion.
The group declared an interim dividend of 420.1 cents per share, compared to 370.3 cents for the previous comparable half-year a 13% increase.
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