E-waste brings in the money

TheStar Sat, Aug 08, 2020 09:30am - 3 years View Original


Good return: Mohamed Tarek (right) expects a strong boost in its volume and profits as full operations resume.

COVID-19 may have put a dampener on operations, but with more people staying home and having the time to sort through their things, Erth is expecting its e-waste recycling business to bounce back stronger than ever.

Founder Mohamed Tarek El-Fatatry says the movement control order (MCO) has caused a rapid surge in its order book, surpassing its entire value for 2019.

“While we were unable to fulfill the orders during MCO as recycling was not deemed an essential service, we expect the business to return stronger than ever once we could fulfill these orders, ” he says.

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