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TURNALL HOLDINGS 2023 FIRST QUARTER TRADING UPDATE.

TURNALL HOLDINGS 2023 FIRST QUARTER TRADING UPDATE.
In the first quarter of 2023, the operating environment was unstable and was characterized by liquidity challenges, low disposable incomes, and increasing disparities between the official and alternative foreign exchange rates which distorted prices in the market. The local currency depreciated by 38% to $928.59 against the USD while year-on-year inflation closed the period at […]
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TRADING UPDATE FOR THE THREE MONTHS ENDED 31st MARCH 2021.

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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