Birdwatch Note Rating
2024-05-13 16:42:51 UTC - NOT_HELPFUL
Rated by Participant: A4A5BB00B0728C8EF9DE0F50E002B15E6DA26345A27B2EDC771030B73072AD46
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