Weak rand obliterates record subscriber growth for MiX Telematix
Fleet management and vehicle-tracking company reports an interim loss despite active users of its platform rising to almost 1-million
Fleet management and vehicle-tracking company MiX Telematics reported an interim loss on Thursday, as a weaker rand obliterated record growth in subscribers.
The JSE- and New York Stock Exchange-listed group swung to a loss per share 0.4c in the six months to end-September, compared with earnings per share of 13c in the previous comparable period...
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