KAP Industrial dividend surges as consumers opt for locally made goods
24 August 2022 - 09:04
UPDATED 24 August 2022 - 20:00
A shift in consumer preference towards locally manufactured goods helped KAP Industrial push through price increases, says CEO Gary Chaplin, while the global shortage of semiconductors looks to be nearing its end.
This was as robust demand for timber and chemicals helped drive up profits by two-thirds in its year to end-June, allowing the group to almost double its dividend on Wednesday...
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