Sefalana expects higher profits
Tuesday, January 19, 2021
In a cautionary to investors last week, Sefalana directors said pretax profits for the six months to October 31, 2020 would be up to 23% higher than the P121.1 million recorded over the same period in 2019.
Directors said the drivers of the improved performance would be shared when the results are revealed before the end of January.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...