Sefalana Botswana Weathers Storm

Monday, January 28, 2019

Sefalana Group’s Botswana says its profitability rose as seen in the halfyear results with consumer spending and confidence improving.

The division’s Sefalana Cash & Carry Limited contributed 55% and 23% to the Group’s revenue and profit before tax for the reporting period, the Group’s Finance Director Mohamed Osman announced on Friday.

The Sefalana Group’s revenue stood at P2.5 billion for the six months up to October 2018, up 13% on prior period and profit before tax rose by 25% on prior year to P103.6 million.

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