×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

JSE and Nasdaq-listed Grindrod Shipping says its profits improved more than fivefold in its year to end-December. It is also optimistic that it will continue to benefit from strong freight rates as the world struggles with supply-chain disruptions.

Group revenue from continuing operations more than doubled to $455.8m (R6.9bn) in the year to end-December, Grindrod said on Thursday, with profit jumping to $132.6m, from a loss of $35m previously, as it also cashed in on robust demand for commodities...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now