South Africa’s Woolworths expects fall in H1 profit

Last updated: January 12, 2017 8:44 am

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JOHANNESBURG (Reuters) – South Africa’s upmarket retailer Woolworths Holdings expects first-half profit to be between 2.5 percent to 7.5 percent lower, the company said in a trading update on Thursday.

(Reporting by Tanisha Heiberg; Editing by Vyas Mohan)

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