Retail In brief South Africa

CMH sees earnings 70 - 75% lower

Motor retail group Combined Motor Holdings on Thursday, 9 April 2009, advised that its headline earnings per share for the financial year ended 28 February 2009 would be 70% to 75% below those reported for the year ended 29 February 2008. It said that earnings per share for the period were also seen 90% to 95% below those reported last year. Results for the year ended 28 February 2009 are to be published on or about 23 April 2009.

Source: I-Net Bridge

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