Choppies expects higher profits
Wednesday, February 16, 2022 | 850 Views |
In a notice to investors this week, directors said this percentage translates to pretax profits of as much as P139 million for the half year to December 2021, compared to P88 million for the previous corresponding period.
After-tax profits for both continuing and discontinued operations could be as much as 194% higher translating to as much as P112 million in after tax profit for the period. During the financial year 2020, Choppies decided to discontinue its operations in Kenya, Tanzania, Mozambique and South Africa.
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...