Kap Industrial keeps dividend unchanged as annual profit falls
Kap says it is launching some capacity expansion projects and tech investments, and those will be commissioned during financial year 2020
20 August 2019 - 12:41
Kap Industrial, which counted Steinhoff as a major investor until March, has kept its annual dividend unchanged even as profits fell by nearly a third, partly because of once-off costs.
The group, which consists of industrial, chemical and logistics businesses, said revenue from continuing operations increased 12% to R25.6bn in the year to end-June...
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