Bell Equipment reported a fall in revenue and profit for the year to end-December, due to weaker market conditions including reduced demand in industries such as construction and mining.
The company’s revenue fell 13% to R11.7bn as demand dropped across its core industries. Profit from operating activities dropped 37% to R754.4m, while profit for the year fell 41% to R471m...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.