GGRAsia – SuzoHapp says higher prices due to shortages, logistics
SuzoHapp Group, a supplier of cash-handling systems to casinos and other businesses, says logistics hurdles and commodity shortages are among the reasons for higher prices of some of the group’s products. The explanation was included in a Thursday statement from the company. “Over the past few months, you may have noticed price increases on some of our core products,” stated the firm, adding that it wished to clarify the reasons the “price increases were necessary”. “Shipping costs and lead times have increased due to higher fuel prices, higher demand for, and limited supply of...