Spar’s profit plummets as SAP systems bite
Revenue has fallen for various reasons, but the biggest culprit is the problems with a new software implementation in KwaZulu-Natal
Wholesaler Spar expects headline earnings to plummet by up to 53% in the year to end-September, but assured investors it will not go to the market to raise capital from shareholders.
JSE listing rules require firms to tell the market when earnings will be at least 20% higher or lower than the comparable period...
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