Edition:
India

Massmart Posts Total Sales For 9-Month Period Of R 60.5 Bln


Friday, 23 Oct 2020 

Oct 23 (Reuters) - Massmart Holdings Ltd ::MASSMART - FURTHER EASING OF COVID-19 RELATED TRADING RESTRICTIONS MARKED SLIGHTLY BETTER TRADING CONDITIONS FOR 3RD QUARTER OF 2020.MASSMART - TOTAL SALES FOR 9 MONTHS ENDED 27 SEPTEMBER 2020 AMOUNTED TO R60.5 BILLION.MASSMART - ESTIMATES THAT REINRODUCTION OF FULL BAN ON LIQUOR SALES RESULTED IN LOST LIQUOR SALES OF ABOUT R1.1 BILLION.MASSMART - TOTAL ESTIMATED LOST SALES AS A RESULT OF COVID-19 SALES RESTRICTIONS AT LEAST R5.7 BILLION, WHEN COMPARED TO SAME PERIOD LAST YEAR.