Economic pressures weigh on Choppies profits
Thursday, March 17, 2016
The group’s revenue grew by 17 percent to P3.5 billion from P3 billion achieved in the same period in the previous year.
Gross profit was up by 11 percent to P714 million as compared to P644 million while earnings before interest, taxes, depreciation, and amortisation (EBITDA) were up by five percent to P216 million.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...