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S. Africa's Massmart posts lower sales from COVID-19 curbs

South African retailer Massmart posted lower nine-month sales on Friday due to COVID-19 restrictions, which included a 1.1 billion rand hit from the reintroduction of a liquor sale ban.

Oct 23 (Reuters) - South African retailer Massmart MSMJ.J posted lower nine-month sales on Friday due to COVID-19 restrictions, which included a 1.1 billion rand hit from the reintroduction of a liquor sale ban.

Massmart said total sales fell 8.9% to 60.5 billion rand ($3.73 billion) for the nine months ended Sept. 27, but added conditions were improving on easing of virus-led curbs.

($1 = 16.2294 rand)

(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Ramakrishnan M.)

((tanishaa.nadkar@thomsonreuters.com; +919730172534; Twitter - @TanishaaNadkar;))

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