Lobatse Clay works, Milk Valley yet to reach profitability

A recent report has shown the two have yet to achieve profitability, contributing to a four percent decline in the Corporation's net worth, which stood at P2.15 billion as of June 30, 2024, down from P2.25 billion the previous year. Milk Valley formerly Milk Africa, BDC's dairy farming initiative based in Lobatse, remained in a capital-intensive phase during the year.

The subsidiary faced challenges in scaling up operations, including difficulties in expanding its dairy herd due to regional Foot and Mouth Disease outbreaks.