Afrox, a supplier of gases and welding products, has proceeded with an interim dividend payment and is eyeing expansion in spite of a Covid-19 hit to volumes, saying it has a healthy cash balance and is looking to reach more households.

While there has been a recovery in demand for gases and welding products from the industrial sector due to an easing lockdown, demand in SA’s domestic market was proving particularly resilient, said MD Schalk Venter.

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