JOHANNESBURG, Feb 25 (Reuters) – South African retailer Woolworths Holdings Ltd reported a 58.3% jump in half-year profit on Thursday, its first in five years, as sales recovered from the trough of the COVID-19 pandemic.
Woolworths, which sells clothes, food and homeware, said headline earnings per share (HEPS) — the main gauge of profit in South Africa — surged to 261.1 cents in the 26 weeks to Dec. 27 from 164.9 cents a year earlier.
Meanwhile, adjusted diluted HEPS, which strips out certain items, rose by 19.4%. (Reporting by Nqobile Dludla; Editing by Jacqueline Wong)
(c) Copyright Thomson Reuters 2021. Click For Restrictions – https://agency.reuters.com/en/copyright.html