Kinaxia Limited dives into the red in 2023 with a £21m pre-tax loss, latest results reveal

Kinaxia Logistics

Source: Kevin Feddy Media

Kinaxia Limited plunged into the red in 2023, delivering a pre-tax loss of £21.2m during the year, which the group attributed to falling demand for transport and warehousing services, thanks to the UK’s “challenging trading environment”, high interest rates and rising inflation.

This article is for registered users only

Please login or create a FREE account to read the full article

 

Motor Transport

Want to read more?

Register now for free to access the full article.

To access our great content on the Motor Transport website and to get a free copy of our weekly Executive Brief newsletter.

Once registered, you’ll get access to:

  • In-depth breaking news every working day of the year
  • All the best careers advice for you and your business
  • Profiles of every winner at the Motor Transport Awards
  • The richest set of road transport industry data in the UK
  • You may also be eligible for a free print or digital copy of Motor Transport