Thu. Jan 27th, 2022


© Reuters.

JOHANNESBURG (Reuters) – South African retailer Woolworths Holdings (OTC 🙂 on Thursday reported a 212.5% ​​annual profit increase as the group’s trade continued to recover from the harsh blockade of COVID-19 and resume dividend payments.

Woolworths, which sells clothing, food and household items, said earnings per share (HEP), South Africa’s leading profit indicator, was 374.4 cents in the 52 weeks ended June 27 , compared to 119.8 cents in 2020. Meanwhile, the adjustment was diluted The HEP, which removes certain items, increased 102.9%.

Woolworths declared a final dividend of 66 cents per share, 25.8% less than the previous year’s 89 cents.

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