The annual profit of the retailer H&M Group and Belarus

Following the results of the retailer of H&M Group after leaving from Russian Federation and Belarus made $350 million, having decreased by 68% in comparison with indicators year before. Company curtailed business into Russian Federation last summer the Swedish retailer of H&M Group to whom including belong retail network of the same name and the COS and Monki brands, published the financial reporting for 2022. So, according to data, the net profit of companies on its results fell to 68% and made 3,6 billion Swedish kronur ($350 million). "Having left the most serious negative consequences of a pandemic, in Ukraine "military special operation" * Russian Federation] began [...