Hudaco reports strong interim result despite difficult market conditions
JSE-listed industrial products supplier Hudaco Industries has reported a strong performance amid a challenging six months ended May 31, with turnover having increased by 12.4% to R4.3-billion, profit by 0.3% to R293-million and operating profit by 2.8% to R465-million. Cash generated from operations for the period amounted to R112-million.