Seedco group made P217.9 million profit in Botswana

Half year 2024 results reveal

Ai generated image

Good afternoon 😃🌞 

Today I’ve been busy this whole morning with family business I barely had time to write today’s article but I’m just on a short break let’s get into it

Key Financial Insights for Seed Co International (Botswana Included):

 Revenue: US$118 million/P1.6 Billion (up 14% from the previous year).

 Sales Volume: Increased by 12%, driven by strategic price adjustments.

 Profitability: Operating profit was US$15.9 million/ P217.6 million showing strong financial management.

 Currency & Borrowing Risks: Seed Co International saw a significant reduction in exchange rate losses after localizing borrowings .

While these figures apply to Seed Co International as a whole, Botswana’s individual contribution isn’t detailed separately. This suggests Botswana is part of the growth trend, but investors should seek further local-specific data if considering an investment.