BAMB records net loss despite higher volumes
Thursday, November 08, 2007
According to its annual report for 2007, BAMB registered a net loss of P3, 541, 805 as compared to a P1, 020, 986 net profit recorded in the same period in 2006.
In the financial results for the year ended 31 March 2007, the Chief Executive Officer for the parastatal Masego Mphathi says there was an increase in sales of 22.5 percent from P40, 098,565 in 2006 to P49, 539,416 in 2007.
It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...