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Pick n Pay Reports Full-Year Loss, Withholds Dividend Due to Major Trading Loss

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Sean Summers, CEO of Pick n Pay, discusses the company's financial results with host Bruce Whitfield. Pick n Pay has reported a full-year loss and has decided to withhold its dividend. The company moved into the red for the 2024 financial year due to a significant trading loss in its Pick n Pay segment, which overshadowed the strong performance of its Boxer division

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