Hudaco pins stock shortages on ‘inefficient’ SA ports
Delays also affected 2020 turnover and operating profits, importer says
29 January 2021 - 10:04
UPDATED 29 January 2021 - 14:52
Hudaco Industries — an importer of automotive, industrial and electrical products — on Friday bemoaned the inefficiency at SA’s ports, saying it had led to stock shortages and affected 2020 turnover and operating profits.
Hudaco’s business falls into two primary categories: a consumer-related products segment, which includes items such as batteries, automotive aftermarket parts and security equipment; and an engineering-focused segment, which includes diesel engines and specialised steel as well as other engineering parts used by SA’s manufacturing and mining industries...
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