Shares in pharmaceutical company Dis-Chem jumped the most in nine months as it reported a surge in profit after new store openings and its Baby City acquisition.

It also benefited as consumers returned to malls, giving a boost to a company that has been seen to have defensive qualities that help to shield it from economic downturns. The company reported a 16% increase in retail revenue in the six months to August, while headline earnings, a main profit measure in SA that strips out exceptional items, rose 35%...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now