JOHANNESBURG, Sept 12 (Askume) – South African fashion retailer Truworths (TRUJ.J) on Thursday reported full-year profit fell 6.3% as rising interest rates reduced discretionary spending by customers.
The upscale retailer said core earnings per share fell to 817.9 cents for the year ended June 30, compared with 873.3 cents a year earlier, and declared an annual dividend of 529 cents.