OneLogix holds back on dividend as profits fade
The specialist group says it will spend cash on expansions as its sits out SA’s economic malaise
06 February 2020 - 08:22
UPDATED 06 February 2020 - 15:14
OneLogix, which transports commercial goods across southern and East Africa, said on Thursday that it would not be paying an interim dividend for the first time since joining the JSE’s main board in 2013.
The company said its trading profit for the six months to end-November fell by almost a fifth as SA’s weak economy weighed on cross-border goods volumes...
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