Profits up for supermarket chain

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Supermarkets continue to announce large profits.

The latest is the Valencia-region chain Masymas, which had a turnover of €360.6 million in 2022, an increase of 11.5% on the previous year.

Director general José Juan Fornés said 2022 had been a ‘complicated year’ for Masymas as they ‘had to make a great effort not to pass the general increase in prices on to the final product’.

Full report in Friday’s Costa Blanca News

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