South African fashion retailer Truworths' full-year profit slips
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Norwegian · A2 Elementary
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Truworths is a large fashion company in South Africa.
Recently, the company shared its financial results for the whole year.
The profit of the company went down this year.
High prices and high interest rates made it difficult for customers.
Many people in South Africa have less money to buy clothes.
Truworths also owns a shoe store in the UK called Office.
The sales in the UK were better than the sales in South Africa.
The company wants to grow more in the future.
They hope that the economy will become stronger next year.
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