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Bell sees drop in profit production in 2012 but believes 2013 will be better

Construction and mining equipment group Bell on Tuesday reported a 12% increase in revenue to R5.67-billion, up from the previous year’s R5-billion. Profit for the year, at R242.9-million, was, however, down from 2011’s R296.8-million. Bell said in a statement that 2012 had proved to be a mixed year for company. It said the drop in profitability could be attributed to a number of ...

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