The Colruyt supermarkets lost market share as a result of the corona crisis, according to annual figures from Colruyt Group. Sales have narrowly passed the ten billion euro mark and profit forecasts are highly uncertain. Food stores are losing ground Colruyt Group’s turnover increased by 3.7% to more than 9.9Read More →
The Top Glove Corporation Bhd. (SGX: BVA) rose nearly 4% after releasing its March-May 2021 quarter Revenue increased 147% for the quarter compared to same period a year ago However, on a quarterly basis, revenue declined 22% due to lower average selling prices The group’s board of directors has proposedRead More →
He said businesses are finding it more difficult to obtain loans and are more cautious in the face of economic uncertainty related to the COVID-19 pandemic. “What we have also seen in the corporate sector is two things. First, it has been more difficult for companies to extract money fromRead More →