Santova earnings set to more than double on back of global shipping chaos
The pandemic has led to delays at Chinese ports, causing shipping containers to pile up
Logistics technology provider Santova’s share price rose more than 14% after the company said its annual headline earnings would more than double as it benefited from global shipping delays.
Santova, a JSE small cap, uses technology to improve supply chain processes for companies shipping their goods. It has offices in SA, Mauritius, Germany, the Netherlands, UK, Australia, Hong Kong, Singapore, Thailand and Vietnam...