Dividend payment remains on track at Cartrack
Despite the growth rate having plummeted, the company still had a strong balance sheet
13 May 2020 - 07:45
Listed vehicle-tracking company Cartrack is unlikely to see growth in subscriber numbers for the next half year.
SA’s seven-week lockdown aimed at curbing the spread of the coronavirus has halted economic activities, including car sales. The company has managed to add more than 14,000 subscribers since February. Subscriber growth declined 35% in March and April, compared to the same period in 2019...
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