Cost pressures weigh on GB Holdings
MOUNTING expenses saw General Beltings Holdings (GB Holdings) operational profit deteriorate 58 percent year-on-year to US$53 000 in the six months to June 30, 2026, compounded by increased competition from cheaper imports. The group was further constrained by working capital shortages which impacted overall sales performance during the period. The group’s operating profit fell from… Subscribe to read full article. Subscribe today The post Cost pressures weigh on GB Holdings appeared first on T
MOUNTING expenses saw General Beltings Holdings (GB Holdings) operational profit deteriorate 58 percent year-on-year to US$53 000 in the six months to June 30, 2026, compounded by increased competition from cheaper imports. The group was further constrained by working capital shortages which impacted overall sales performance during the period. The group’s operating profit fell from…
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The post Cost pressures weigh on GB Holdings appeared first on The Financial Gazette.
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About this article
- Length
- 77 words · 1 min read
- Published
- October 18, 2026
- Byline
- Mishma Chakanyuka
- Source
- Financial Gazette