Karooooo reports record earnings for first quarter
Despite higher production costs and electronic-component shortages, the company’s total revenue rises 28% to R801m
28 July 2022 - 15:33
UPDATED 28 July 2022 - 18:41
The head of Karooooo believes growth in Asia, the group’s second biggest earner, will persist with plans in place to increase investment in the region to take advantage of the growth opportunity.
Karooooo, headquartered in Singapore, is positioning itself as a leading global mobility software-as-a-service (SaaS) platform that provides real-time data analytics to the transportation and logistics sectors...
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