JSE-listed agricultural business holdings group Kaap Agri says it has traded well during the first quarter of its 2022 financial year, with statutory revenue up 24% year-on-year. Kaap Agri reports in a voluntary business update that its revenue growth was driven by a 7.3% increase in the number of transactions processed and inflation of 20% – or 7.7% when excluding the impact of fuel price inflation.
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