/ 10 March 2001

WOOLTRU H1 EARNINGS PLUNGE

RETAIL group Wooltru says headline earnings from continuing operations fell 20% to R151.6m in the six months to end-December 2000. Headline earnings per share fell 24% to 32.3 cents. The drop was caused mainly by start-up costs at the group’s business-to-consumer venture inthebag.co.za, losses at clothing chain Topics and the dilution of Wooltru’s holding in retailer Massmart, it said. CUSTOM SHARE SERVICE

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