Airports Company SA reports steep fall in profit
The big reduction in profit ‘is very disappointing as much of our increased costs had a direct impact on our bottom line’, acting CEO Bongiwe Mbomvu says
17 September 2019 - 11:50
Airports Company SA (Acsa) has reported a steep fall in profits for the year, driven by significant revenue and cost pressures in a weak economy
The company, which manages SA’s nine principal airports, contended with “significant challenges in the period”, which constrained revenue growth and also raised costs, acting CEO Bongiwe Mbomvu said in a statement...
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