Listen! Karoooo posts 9% rise in H1 profit

Cartrack owner , Karooooo has reported a 9% rise in interim profit and that's as Cartrack subscribers rose 15%, which helped boost revenue by 23%. Karooooo has kept its annual guidance unchanged for Cartrack at between 1.9 and 2.1 million subscribers. This will generate subscription revenue of around of nearly R4 billion for the full year. Business Day TV unpacked the results with the company’s COO, Richard Schubert.