ART Holdings revenue dips to US$7 million

ART Holdings Group chief executive Milton Macheka

ART Holdings’ revenue dropped four percent year-on-year to US$7 million during the first quarter ended December 31, 2025, owing to working capital constraints that impacted production. The group’s overall sales volumes were one percent below the prior year. “Market demand for Exide batteries and Eversharp pens was firmer, however, the cumulative impact of working capital…

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