Birdwatch Note Rating
2024-05-13 17:16:31 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 01BCFE016F4F89845D9B5B8A797282A53972D73F91313AF02298460ACD1148CC
Participant Details
Original Note:
The post refers to Tesco’s Profit for the Year ‘Before’ Tax rising from £882m to £2,821m (2.81bn) from the year 22/23 to 23/24 being 159.5% It is misleading as Profit for the Year ‘After’ Tax rose 62% from £736m to £1,192m (1.19bn). Net profit is 1.75% (£1,192m/£68,187m*100) https://www.tescoplc.com/preliminary-results-202324/
All Note Details