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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Britain's biggest retailer Tesco on Wednesday announced a six-fold surge in annual net profits after the supermarket giant exited Asian markets and was allowed to stay open during coronavirus lockdowns. Profit after tax soared to £6.14 billion ($8.44 billion, 7.31 billion euros) in the 12 months to the end of February from £971 million in 2019/20. "While the pandemic is not yet over, we're well-placed to build on the momentum in our business," noted chief executive Ken Murphy. "We have doubled the size of our online business and... we're building a digital customer platform," he added in the results statement. As the pandemic began to take hold in March 2020, Tesco struck a deal to sell its businesses in Thailand and Malaysia to Thai conglomerate CP Group for £8.0 billion. The transactions, agreed under previous CEO Dave Lewis, were aimed at slashing debt and streamlining the group, enabling a stronger focus on UK, Irish and central European activities. bcp/spm
schema:headline	UK supermarket Tesco profits surge in pandemic year
schema:mentions	Digital media Media conglomerate Tesco Republic of Ireland Asia Supermarket Thailand Malaysia Chief executive officer United Kingdom Severe acute respiratory syndrome coronavirus 2 David S. Lewis Momentum
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-14 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	64 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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