ARB’s lighting division lifts its interim profitability

Investment company ARB Holdings on Thursday reported that turnover growth in its lighting division had helped to offset turnover loss in the electrical division for the six months ended December 31.

The company’s revenue for the six months increased by 4.5% year-on-year to R1.42-billion, as a result of a 36.1% year-on-year increase in the lighting division’s turnover to R396-million, supported by the newly acquired Radiant lighting business.

2020-02-13T10:25:09+00:00February 13th, 2020|