York Timbers sees profit plunge after turbulent year
SA’s largest solid-wood processor looks to diversify its earnings base away from SA
21 September 2022 - 09:23
Forestry and sawmill company York Timbers saw profit fall close to four-fifths in 2022, a year marred by floods, strikes and leadership changes.
The R838m company reported on Wednesday that its profit for the year shrunk by 78.75% to R29.13m in what it called a “challenging” period...
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