Long4Life warns of profit drop amid Covid-19 uncertainty
The group says sales have improved but the pandemic has weighed heavily, including on beauty chain Sorbet and Sportsmans Warehouse
01 July 2020 - 11:08
Long4Life, Brian Joffe’s investment group, said on Wednesday that sales had picked up due to easing Covid-19 restrictions in SA, but that it is unlikely to make a trading profit in its half-year to end-August.
The ban on alcohol sales and the continued lockdown for restaurants, hotels and gatherings is weighing on its beverages division, which includes Chill Beverages, the group said in a trading update ahead of its AGM...
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