Turnall cuts costs to protect waning margins

The group posted a US$2,30 million sales revenue which was a 11 percent decline compared to the same period last year of USD 2,60 million.

TURNALL Holdings (Turnall) is set to implement strategic cost containment measures aimed at protecting thinning profit margins and revitalising its financial performance.This comes at a time the company has been impacted by its aging machinery that has rendered operations uncompetitive.“This proactive approach is designed to enhance operational efficiency and ultimately guide the company back to…

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