Master Drilling takes a beating from Covid-19
Africa is proving to be a steady source of revenue as South America is hit hard by the global pandemic
25 August 2020 - 12:10
Master Drilling is in for a “bumpy ride” in the second half of 2020 after it took a battering from the Covid-19 pandemic in key markets, most particularly South America, in the first six months of 2020.
Africa proved resilient in the interim period to end-June, holding revenue nearly steady at $21.4m (R360m), while South American revenue more than halved to $11m...
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