South Africa's Truworths lifts full-year profit by 8 pct

JOHANNESBURG, South Africa - Truworths, South Africa's biggest listed clothing retailer, reported an 8 percent rise in full-year profit on Thursday and warned of increasing bad debts and slowing consumer spending in the year ahead.

Truworths said headline EPS totalled 570.8 cents in the year to end-June compared with 526.7 cents a year earlier. Headline EPS, South Africa's main profit gauge, strips out certain one-off items.