Birdwatch Note Rating
2024-05-13 15:39:11 UTC - NOT_HELPFUL
Rated by Participant: E931C0B0A0FEE492D642607A77EF669D4C8E397E32552C974C678FFD6146F5A7
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