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Pepkor is expecting a rise of more than a fifth in half-year profit as budget-conscious shoppers flock to its discount chains such as Pep and Ackermans. 

The company said in a trading statement on Thursday that headline earnings per share, the primary measure of profit that strips out certain one-off, non-trading items, is expected to leap 22.3%-31.9% in the six months to the end of March from 71.3c a year earlier to 87.2c-94.1c...

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