GB seeks additional working capital

GENERAL Beltings Holdings (GB) says it deferred paying out a dividend for the half-year to June 30, 2022, opting to consolidate funds to oil its capitalisation plans as the firm urgently needs working capital. This comes as the firm took a heavy battering from the Covid-19 pandemic in the prior period, which affected demand for…

Subscribe to read full article. Subscribe today

Related posts

Cotton farmers urged to embrace value addition

Tobacco firms already converted

Tobacco deliveries revised down

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More