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At the end of that period, Truworths’ balance sheet revealed that in real terms the company had seen US$1,98 million in the value of its assets being wiped off.
For reference, capacity utilisation in this context is basically the link between the output generated with the available resources and the potential production
Speaking to the media on the sidelines of the tour of the company premises, Modi said the Edgars group has made impressive progress in terms of employment creation.
The proceeds from the bond will allow BURN to increase existing manufacturing capacity in Kenya as well as launching a new manufacturing facility in Lagos, Nigeria.