Zambia Sugar posts K1.2bn profit
Published On November 3, 2022 » 966 Views» By Times Reporter » Business, Stories
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By MAIMBOLWA MULIKELELA-
ZAMBIA Sugar Plc recorded an operating profit of K1.243 billion for year ended August 31, 2022 underpinned by continued strong growth in domestic sales, which is primary market for the business.
This is a strong financial performance which is similar to the previous year considering an eight per cent decrease in sales due to lower production, cost increase and supply chain disruptions triggered by global events and stripping out the effects of the weak Kwacha in 2021.

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