Grindrod annual earnings more than double thanks to bulk commodities recovery

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Revenue from core operations, including joint ventures, rises to R5.2bn with Mozambique operations the star performers

Diversified logistics group Grindrod said profit for the year to end-December more than doubled as the global economic recovery and demand for commodities led to record volumes at its ports and terminals businesses.

Core headline earnings soared 166% from a year earlier to R886m as exports of minerals and commodities mining surged with the easing of pandemic-induced restrictions on trade, the JSE-listed company said in a statement on Thursday...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.

 

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Grindrod annual earnings more than double thanks to bulk commodities recoveryRevenue from core operations, including joint ventures, rises to R5.2bn with Mozambique operations the star performers For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her _elizabeth467 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
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