We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

HomeChoice, a seller of linen and cookware, as well as financial services products, expects headlines earnings per share (HEPS) for the second half of 2020 to plummet, suggesting the informal economy is contracting. 

The group, which started as a mail-order retailer of homeware products to mass market consumers on credit in the mid-1980s, said on Friday that its (HEPS), a measure of operating profit used in SA, is expected to be between 144c and 209c, or fall between 52% and 67% lower than the current R4.36c. ..

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