Edgars’ Us$1m capex pays off

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EDGARS STORES says turnover at Carousel Manufacturing for the half year period ended July 7, 2024 surged to US$1,49 million from US$852 thousand recorded in the same period last year as key machinery investments drove production efficiencies.

The Victoria Falls Stock Exchange (VFEX)-listed garment maker recently invested US$1 million in retooling the Carousel Manufacturing plant in Bulawayo to enhance productivity and operational efficiency.

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