South Ocean Holdings, which produces electrical cabling and has property interests, says it was able to leverage off Covid-19 related cable shortages in its year to end-December, when it returned to profit.

Sales were higher than expected, rising 12% to R1.74bn in the group’s year to end-December, amid a profit swing to R27m, from a loss of R17.5m...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.