Tiger Wheels’ Profits Rise

South African company Tiger Wheels, which claims to be Africa’s largest producer of wheels and distributor of tyres, has reported an increase in profit for fiscal 2003 of 41 per cent, to 114,9 million Rand (14.7 million Euro). Tiger’s shares rose 3.

6 per cent at the news, to reach 14.5 Rand (1.85 Euro).