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Steinhoff Investments swung into a full-year loss By Sandile Mchunu Share DURBAN - Steinhoff Investment Holdings, a wholly-owned subsidiary of Steinhoff International Holdings, on Friday swung into a full-year loss of R13.68 billion for the year to end September, negatively impacted by impairments and Covid-19 outbreak in its operations. The group reversed a profit of R3.94bn it reported last year. Steinhoff Investments said it recorded total impairments of R5.1bn during the financial year. The group also made a provision of R9.4bn in respect of litigation settlement proposal and a foreign exchange loss of R5bn was recognised on the Steinhoff International Holdings Proprietary Limited contingent payment undertaking (SIHPL CPU) liability. ....