India, June 26 -- Hennes & Mauritz AB (HNNMY.PK) announced a profit for second quarter that decreased from the same period last year
The company's earnings came in at SEK3.977 billion, or SEK2.48 per share. This compares with SEK5.077 billion, or SEK3.15 per share, last year.
The company's revenue for the period fell 4.9% to SEK56.714 billion from SEK59.605 billion last year.
Hennes & Mauritz AB earnings at a glance (GAAP) :
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-Earnings: SEK3.977 Bln. vs. SEK5.077 Bln. last year.-EPS: SEK2.48 vs. SEK3.15 last year.-Revenue: SEK56.714 Bln vs. SEK59.605 Bln last year.
Daniel Erver, CEO of Hennes & Mauritz, said: "The quarter's result was negatively affect...