Zambia Sugar records K1.6bn profit
Published On November 4, 2021 » 1036 Views» By Times Reporter » Business, Stories
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By CHATULA KANGALI-
ZAMBIA Sugar has recorded an operating profit of K1.615 billion in the year ended august 2021 compared to K775 million in the previous year. The company has attributed the increase in profit to high net, higher net revenues, sustained production levels from both the factory and the cane fields and culmination of cost saving.
According to the abridged financial results posted by the Lusaka Securities Exchange Commission( LuSE) by order of the board company secretary Harriet Kapekele-Katongo ,the company recorded a total revenue of K4.989 billion.

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