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JSE-listed Reunert reported a rise in earnings during the six months ended March 31, 2024, driven by good performance in its Electrical Engineering and the Applied Electronics’ defence cluster segments. Its Information and Communications Technology (ICT) segment, however, posted a muted performance.
The Reunert unit recently switched off the printers it was outsourcing to the insolvent state-owned enterprise, due to an unpaid debt.
The JSE-listed tech services group’s renewable energy business continues to cash in on SA’s energy shortages.
Yemen conflict: Arms worth hundreds of millions of rands flow to the United Arab Emirates, SA firms help Saudi Arabia build manufacturing sector.
Renewable energy [Etion Create] is pleasing and growing fast: CEO Alan Dickson.