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Kal Group revenue up 42.7%

Investors are ploughing into the Kal Group, with it stock price up almost 6 per cent on the JSE following the release of its annual results. Kal, formerly known as Kaap Agri reported a 42.7 per cent surge in revenue boosted by the acquisition of fuel retailer PEG Retail. Recurring headline earnings per share increased by a slower pace of 7.2 per cent to 619.69 cents per share, as loadshedding costs taking some shine off the bottom line. CNBC Africa is joined by Sean Walsh, CEO, KAL Group for more.
Thu, 23 Nov 2023 11:02:39 GMT