BMC bounces back to profitability

Friday, October 10, 2014

Botswana Meat Commission (BMC) has bounced back to profitability, recording P26 million after tax profits for the year ended 31 December 2013.

This reverses the huge successive losses of P324 million in 2012 and P87.82 million in 2011.

BMC chief accountant, Mbaakanyi Lenyatso, told BusinessWeek that the profits took a quantum leap because the commission recorded higher sales in the year after they were signed back into the European Union market.

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