June 18, 2020 / 6:42 AM / 17 days ago

South African retailer TFG's full-year profits slip

JOHANNESBURG, June 18 (Reuters) - South African retailer The Foschini Group said on Thursday its profits fell by 1.1% in the year to March 31 and that shareholders would get no dividend.

Its headline earnings per share - the main profit measure in South Africa - stood at 1,174.4 cents ($0.6845) per share during the period, versus a restated figure of 1,187.9 cents a year earlier.

$1 = 17.1571 rand Reporting by Emma Rumney; editing by Olivia Kumwenda-Mtambo

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