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Manufacturing, distribution companies continue their profitable run amid the pandemic
Most reported growth in net income ranging from a low of 1% to a high of 443.1%.
Wednesday, May 19, 2021
As
the season for March quarterly results by listed companies is winding down, the evidence is showing that manufacturing and distribution companies continue their profitable run in spite of the ongoing pandemic.
Over 40 companies released their quarterly results of which 12 belonged to the manufacturing and distribution sector. Ten of these companies reported year-over-year growth in net income ranging between a low of one per cent to a high of. 443.1 per cent.