Altron is one of South Africa's oldest technology companies, founded in 1965, and it has quietly rebuilt itself around vehicle tracking, payments, and healthcare software. It now earns nearly R9.7 billion a year, about US$9.7 billion, from the unglamorous systems that keep South African businesses running. Full nameAllied Electronics Corporation Ltd (Altron Limited) Tickers / exchangeAEL / JSE (Johannesburg Stock Exchange) HeadquartersJohannesburg, South Africa SectorTechnology — IT services, platforms, distribution Employees4,068 Market valueR10.38 billion (US$10.38 billion) Yearly salesR9.72 billion (US$9.72 billion) Net profitR727 million (US$727 million) Net margin7.5% Return on …
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