Imperial Logistics expects better year ahead after profits fall
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Imperial Logistics has reported a slump in profit after tax from continuing operations to R90m in the year to end-June.
This was largely due to impairments, which offset a 2% increase in revenue from continuing operations. The company however believes that earnings should improve in the year to June 2020.
Business Day TV caught up with Imperial Logistics CEO Mohammed Akoojee to find out what will contibute to the group's improved performance in the coming year.
This was largely due to impairments, which offset a 2% increase in revenue from continuing operations. The company however believes that earnings should improve in the year to June 2020.
Business Day TV caught up with Imperial Logistics CEO Mohammed Akoojee to find out what will contibute to the group's improved performance in the coming year.