Labat Africa drops profit guidance as virus impacts linger
The investment holding company’s revenue for the six months to end-February 2020 has plummeted
27 April 2020 - 16:11
Investment holding company Labat Africa has withdrawn its five-year profit forecasts, including the projections it had for its current financial year to end-August 2020, due to the coronavirus pandemic.
The company is undergoing a turnaround as it seeks to get more exposure in the fast-growing cannabis industry. ..
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