KAP Industrial reports robust demand during Covid-19 second wave
Demand for items including bedding and construction lumber were solid in the six months to December, the diversified group said
23 February 2021 - 14:33
Industrial, chemicals and logistics group KAP Industrial says the diversified nature of its operations once again paid off in its half-year to end-December, with demand for most of its products resilient even as SA grappled with a second wave of Covid-19.
The group manufactures products such as automotive components, mattresses, chemicals, polymers and timber items, and saw revenue fall 1% to R12.1bn to end-December, although trading profit rose 8% to R1.3bn...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.