February 28, 2019 / 5:19 AM / 6 months ago

South Africa's Massmart earnings drop, cuts dividend

JOHANNESBURG, Feb 28 (Reuters) - South African retailer Massmart said on Thursday its full-year headline earnings fell by 31.7 percent to 901.2 million rand ($64.70 million).

Massmart, owned by Walmart Inc, also cut its dividend by just over 40 percent to 208 cents ($0.01493) per share. ($1 = 13.9288 rand) (Reporting by Emma Rumney; Editing by Rashmi Aich)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below