Sefalana undeterred by P24m loss

According to the group’s recently released audited financial statements for the year ended April 30, 2021, the loss was contributed by the challenging current environment. Managing director Chandra Chauhan said the group had put in place measures, as early as November 2019, in anticipation of the impact of the pandemic and this has helped them navigate through the difficult times. “On an ongoing basis, we look at ways in which we can mitigate the effects of the pandemic.

Our greatest focus has for some time now, been on the core Fast Moving Consumer Goods (FMCG) businesses where we have placed considerable efforts to enhance margins and relative contribution to group results,” he said. In addition, the group’s manufacturing operations, which support the FMCG business have been noted as the key focus areas for them.