Afrox MD Schalk Venter. Picture: SUPPLIED.
Afrox MD Schalk Venter. Picture: SUPPLIED.

Strong demand from the health-care sector has kept Afrox from flatlining.

SA’s largest gas and welding company has reported a 3.3% rise in interim revenue as demand for its products used in hospitals across the country, offset a contraction in the manufacturing sector.

The group also highlighted that cost-cutting measures are starting to bear fruit, leading to a 7% increase in headline earnings per share (HEPS).

CEO Schalk Venter joined Business Day TV to discuss the group’s interim results in more detail.

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