Brimstone swings to an interim profit as it slashes debt

The original article can be found here.

Article highlights:

  • Brimstone Investments said that it had swung to an interim profit and slashed debt during the six months ended June;
  • Brimstone posted a R339 million profit from a R129m loss a year earlier;
  • All the group’s operating subsidiaries and major associate, Oceana, were classified as essential service providers and continued to operate through all Covid-19 lockdowns.