Choppies profit breach P1bn mark

Friday, September 19, 2014

Choppies plans to open four more stores in Botswana

Supermarket giant Choppies has once again reported solid financial results for the year ended 30 June 2014. The franchise recorded a gross profit surpassing the billion Pula mark.

The group ended the financial year on a high note, with a turnover of P5 billion for the period, while the group’s retail space increased by 46% to 155,955 square metres.

An economic analyst with Motswedi Securities, Garry Juma, has lauded the company board and management for the impressive financial results.

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