TRADING UPDATE FOR THE THREE MONTHS ENDED 31st MARCH  2021.
OPERATING ENVIRONMENT: The first quarter coincided with the onset of another lockdown as the country fights the effects of the coronavirus pandemic.  The measures instituted, disrupted the supply chain, route to market access and trading hours. The economy remained depressed owing to constrained demand and liquidity challenges. Electricity, fuel and labor costs also remained high […]
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AUDITED ABRIDGED CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
Audited Abridged Consolidated Financial Statements for the year ended 31 December 2020. The Covid-19 pandemic had a major impact on the economy and the business with the resultant lockdowns and movement restrictions affecting trading activity. The informal sector, which contributes significantly to the economy was the worst affected by trade restrictions, and this reduced disposal […]
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TURNALL HOLDINGS LIMITED CAUTIONARY STATEMENT
Cautionary Statement. The Board of Directors of Turnall Holdings Limited advises all shareholders that one of the company’s shareholders, National Social Security Authority (NSSA) shareholder intends to dispose of its 32.5% shareholding in the business as part of its investments consolidation strategy. This development may result in a transaction that could have a material impact […]
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