MiX Telematics reports profit fall
The group says subscribers grew 9.1% in its year to end-March, but it faced a hefty tax charge on an inter-company loan
Car tracking company MiX Telematics, which operates in about 120 countries, expects full-year revenue to decline by about a fifth because it was unable to sign up new customers due to the lockdown.
Car dealerships were prohibited from operating during the lockdown aimed at curbing the rapid spread of the coronavirus...
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