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Foschini Group and TJI Achieve Impressive Revenue Growth Despite Challenging Conditions ( #7e57291a , v0.02)
https://www.zawya.com//track.media-outreach.com/index.php/WebView/260038/39402
The Foschini Group (TFG) and TJI both achieved impressive revenue growth in their respective interim results. TFG saw a growth of 12.9% to R28.4 billion, driven by the expansion of its footprint and brand portfolio, with particularly strong online sales growth in South Africa. TJI, a leading restaurant group in Hong Kong, reported a revenue growth of 10.0% to HK$1,387.4 million, driven by net openings in its restaurant network and moderate comparable restaurant revenue growth in Hong Kong. Both companies demonstrated resilience and innovation in navigating challenging trading conditions. Despite rising interest rates, high inflation, and other challenges, they remain confident in their strategies and are well positioned for future growth.
#FoschiniGroup #TJI #revenuegrowth #interimresults #challengingconditions
References:
- : https://www.zawya.com/en/economy/global/tji-fy2024-lnterim-revenue-up-10-profit-for-the-period-excluding-government-subsidies-surges-153-bw0caif7
https://www.zawya.com//track.media-outreach.com/index.php/WebView/260038/39402
The Foschini Group (TFG) and TJI both achieved impressive revenue growth in their respective interim results. TFG saw a growth of 12.9% to R28.4 billion, driven by the expansion of its footprint and brand portfolio, with particularly strong online sales growth in South Africa. TJI, a leading restaurant group in Hong Kong, reported a revenue growth of 10.0% to HK$1,387.4 million, driven by net openings in its restaurant network and moderate comparable restaurant revenue growth in Hong Kong. Both companies demonstrated resilience and innovation in navigating challenging trading conditions. Despite rising interest rates, high inflation, and other challenges, they remain confident in their strategies and are well positioned for future growth.
#FoschiniGroup #TJI #revenuegrowth #interimresults #challengingconditions
References:
- : https://www.zawya.com/en/economy/global/tji-fy2024-lnterim-revenue-up-10-profit-for-the-period-excluding-government-subsidies-surges-153-bw0caif7