Sechaba Brewery profits halve

Wednesday, May 03, 2017

National brewer, Sechaba Brewery Holdings Limited profits almost halved for the nine months ended December 31, 2016. Profit for the period was P96.3 million, a 43% decline from P171.1 million of the previous period.

Total volumes for the nine months period were 1,670,194 hectolitre from 1,699,166 hectolitre of the prior period, which is a 1.7% drop.

According to Sechaba, the decline in the financial performance was mainly attributable to the current challenging regulatory environment in which the company operates under.

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Sechaba Brewery profits halve

National brewer, Sechaba Brewery Holdings Limited profits almost halved for the nine months ended December 31, 2016. Profit for the period was P96.3 million, a 43% decline from P171.1 million of the previous period.

Disc, license renewal requirements waived amid system failures

This is not reversal born of weakness- Salakae

Batlokwa reject Tlokweng expansion plan

Enough is enough – Kgosi Gaborone

CoA dismisses Meswele convicts' appeal against 40-year imprisonment

‘Insurance killer’ case leaves family in ruins

Serowe police probe Mogorosi tragedy

Man found seriously injured by Letlhakane roadside

BPF should get house in order