AMALGAMATED Regional Trading Holdings (Art)’s revenue jumped seven percent to US$47 million in the year ended September 30, 2023, with the group’s divisions able to sell predominantly in hard currency during the period.
The diversified group’s chairman, Thomas Wushe, said Art had a strong year and achieved solid strategic development despite a challenging operating environment. “The group’s brands continue to be resilient despite increased competition from imports,” he said in a statement accompanying results.
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