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Home » Turnall cuts costs to protect waning margins
Companies & Markets

Turnall cuts costs to protect waning margins

written by Elton Manguwo, Staff Writer 0 comments
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.
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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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