Hudaco Industries Limited is a South African-based company, which is engaged in the importation and distribution of branded automotive, industrial and electrical consumable products, operating in the Southern-African region.
On Friday, the 28th of June, Hudaco released its interim results for the six months ending May 2019. Under challenging trading conditions, the group managed to increase turnover by 7.5% to R3.2 billion.
The company’s financial performance is dependent on growth in the South African economy, and its earnings have a significant bias towards consumer spending.
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