Archive for May, 2016

Spar posts 5.3% rise in profit as sales improve

Spar posts 5.3% rise in profit as sales improve

May 20, 2016 |

Johannesburg – Spar Group said first half-profit rose 5.3% as the South African food and liquor retailer increased sales despite a difficult consumer environment in its home market. Net income was R825.4m in the six months through March, Durban-based Spar said in a statement on Wednesday. Revenue gained 17% to R42.5bn. Spar has been expanding […]

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