Grindrod Limited operates within the Freight transportation arrangement sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grindrod Limited with three other
freight forwarders in Africa:
sales of 66.55 billion South African Rands [US$4.97 billion]
of which 57%
was Automotive and Logistics),
Kap Industrial Holdings Ltd
(16.23 billion South African Rands [US$1.21 billion]
of which 52%
was Industrial), and
Super Group Limited
(25.95 billion South African Rands [US$1.94 billion]
of which 31%
was Supply Chain Africa).
During the year ended December of 2016, sales at
Grindrod Limited were 9.03 billion South African Rands (US$674.22 million).
decrease of 11.4%
versus 2015, when the company's sales were 10.19 billion South African Rands.
Contributing to the drop in overall sales was the 98.5% decline
in Group, from 424.50 million South African Rands to 6.39 million South African Rands.
There were also decreases in sales in
Shipping Services (down 6.7% to 20.59 billion South African Rands)
Freight Services (down 24.0% to 3.85 billion South African Rands)
However, these declines were partially offset by the increase in sales of
Financial Services (up 8.7% to 492.22 million South African Rands)