Astoria gets shot in arm from gun sales

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South Africa Headlines News

Astoria gets a jolt from gun sales as restrictions loom

Investment company Astoria, whose primary asset is focused on SA’s outdoor and leisure sector, says sales of non-lethal self-defence products and guns soared recently, due probably to proposed restrictions on firearm ownership.

Valued at R227m on the JSE, Mauritius-based Astoria’s biggest asset is a one-third stake in Outdoor Investment Holdings . Other interests include diamonds and services for used-car dealerships...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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