Wilderness profits up, posts maiden dividend
Wednesday, June 01, 2011
Although the company's operating profit was down 26 percent to P50.5 million for the period, Wilderness' net profit rose 73 percent to P92.1 million, mostly due to a share of an associate company's profit that increased tremendously during the year. Said CEO Andy Payne in Gaborone this week:
"The profit on sale of business of P29 million results from the Duba Plains transaction as announced last year.
It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...