Poor roads, bad weather and weak used-car market dent Zeda’s profit
- May 30, 2024
- Infrastructure
- 0 Comments
Poor road conditions, hail storms, a shortage of car parts and a deteriorating used-car market all managed to dent Zeda’s operating profit for the six months ended March 31. The integrated mobility solutions provider, active in the leasing, car rental and fleet management sectors, on Thursday reported a 19% jump in revenue, to R5.3-billion.
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