Business
CSB: Revenue up 5% but profit down; P&L Hardware fully impaired; digital sales up 31%
CSB: Revenue up 5% but profit down; P&L Hardware fully impaired; digital sales up 31%
About this update from Cashbuild Limited
Revenue grew 5% to R11.2bn, but operating profit fell 19% and HEPS dropped 22% YoY. Cash reserves declined 37% due to supplier payments, while P&L Hardware goodwill and trademark were fully impaired. Six new stores opened, and digital sales rose 31%.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.