OneLogix feels the squeeze of global supply bottlenecks
Company hammered by the worldwide shortage of chips in addition to bad weather and July’s civil unrest
03 February 2022 - 09:56
UPDATED 03 February 2022 - 17:49
Logistics and supply chain group OneLogix delivered moderate half-year results, which it said were affected by global supply chain challenges, a freak hailstorm and the July civil unrest.
The company, which is preparing to delist after trading on the JSE for 22 years, said on Thursday it experienced anaemic demand for its vehicle storage facilities in the six months to end-November, highlighting the effect of the global supply crunch that has fuelled a surge in inflation worldwide...
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