Argent Industrial shines despite pandemic
Argent says it has been through a tough reporting period but is optimistic about the second half of its financial year to March
06 November 2020 - 18:32
Steel products manufacturer Argent Industrial managed to grow its profit for the year 11% in the six months to September despite the hard economic lockdown imposed on SA to combat the spread of Covid-19.
The company chose not to pay a dividend, and is continuing with its share repurchase programme. Argent is an industrial holding firm for a group of companies which operate in a number of sectors including property investment, engineering, engineering, mining equipment, fabrication and steel trading...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now