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.
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.