Resurgent KBL expects more bumper profits

Friday, September 20, 2019

KBL's St Louis lager PIC. THALEFANG CHARLES

Sechaba Brewery Holdings Limited, which owns 60% of Kgalagadi Breweries Limited (KBL), has told investors to expect a 100% to 115% increase in the interim pretax profits due to be unveiled soon.

In a profit cautionary to the Botswana Stock Exchange (BSE) this week, Sechaba directors said the expected percentage increase amounts to between P40 million and P60 million in absolute terms.

The announcement marks the second time in as many financial reporting periods that Sechaba has issued positive profit cautionaries to its investors.

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Resurgent KBL expects more bumper profits

Sechaba Brewery Holdings Limited, which owns 60% of Kgalagadi Breweries Limited (KBL), has told investors to expect a 100% to 115% increase in the interim pretax profits due to be unveiled soon.