Massmart reports a 14 percent increase in full year profit

194 views · Published 23 February 2017 · 2:28 · Indexed 20 September 2026

Channel: SABC News · 2017 · News & Politics

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Massmart has reported a 14 percent increase in full year profit, despite sluggish economic growth and weak consumer spending.
The owner of Game and Makro says total sales increased by 7 point 7 percent last year to R91.3 billion -  up from R84.7 million the year before. The retailer says its results were helped by cost control and good management of margins.

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