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Rainbow results for the 6 months ended Sep 99

High stock levels, brought about by the importation of cheaper products, high interest rates and depressed markets , continued throughout the period impacting negatively on results. Turnover of R1.1bn (R1.064bn), an operating loss of R24.1m (R17.9m profit) and an attributable loss of R40.7m (R7.5m) were reported. Headline losses rose to 17cps(4.2cps – which takes the

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