In the fourth quarter 2022 <"0" >H&M</ "0"> recorded profit falling for 86,9%

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The operating profit of companies H&M Group in the fourth quarter 2022 fell to 86,9% in comparison with the similar period of 2021. About it reports the WWD edition which studied its quarterly report of group. Last year the profit made, according to the report, 821 million Swedish kronur against 6,26 billion year before. "The decreased profit in the fourth quarter in comparison with the same quarter in previous year, generally is explained by negative external factors, loss of operating profit which was provided earlier with Russian Federation and single expenses on the program for decrease in expenses and...
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H&M
Main activity:Production of consumer goods
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