Sechaba Brewery profits halve

National brewer, Sechaba Brewery Holdings Limited profits almost halved for the nine months ended December 31, 2016. Profit for the period was P96.3 million, a 43% decline from P171.1 million of the previous period.

Total volumes for the nine months period were 1,670,194 hectolitre from 1,699,166 hectolitre of the prior period, which is a 1.7% drop.

According to Sechaba, the decline in the financial performance was mainly attributable to the current challenging regulatory environment in which the company operates under.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

Have a Story? Send Us a tip
arrow up