Mr Price jumps, forecasts profit rise

Mr Price earning photographs.PHOTO SUPPLIED

Mr Price earning photographs.PHOTO SUPPLIED

Published May 8, 2014

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Johannesburg - Shares of Mr Price rise more than 5 percent after the South African discount retailer says earnings for the year to end-March were likely up by as much as 23 percent.

Mr Price, which sells clothing and household goods, will release its final results on May 27.

Its shares are up 5.24 percent to 165.78 rand. - Reuters

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