Electronics group Ellies, which makes and trades products ranging from satellite dishes to shelving, says it has returned to profit in its six months to end-October, due to improvements in the way it handles its logistics, as well as reduced loss at its embattled manufacturing division.

The group said in a trading update on Thursday it expects headline earnings per share of 2.37c to end-October, from a loss of 2.91c previously, implying a profit swing of about R33m...

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