At the same time‚ the loss from continuing operations in the 13 weeks ended September amounted to R721 million‚ compared with a R1.277 billion loss in the same period a year ago.
Retail sales increased by R131 million‚ or 2.4%‚ from R5.400 billion in the second quarter 2012 to R5.531 billion in the second quarter 2013‚ with same store sales increasing by 0.8%.
For year to date 2013 retail sales increased by 2.1%‚ from R11.216 billion in year to date 2012 to R11.453 billion‚ with like-for-like sales increasing by 1.0%.
Credit sales for the last 12 months to the end of the second quarter 2013 increased from 49.9% in the prior comparable period to 51.4% of total retail sales.
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
