Sechaba volumes decline

16th August 2017
Beer Products Source:The Midweek Sun


By Sun Reporter - Reporter

Sechaba has released interim results for the half-year ended 30 June 2017. Highlights include a 6.3 percent decline in total volumes compared to prior period. Share of results of associates declined by 22.6 percent to P52.9 million (H1 2016: P68.4 million). Profit after tax was down 13.9 percent to P47.5 million (H1 2016: P55.2 million). Earnings per share were 35.7 thebe (H1 2016: 41.5 thebe). The balance sheet grew 4.3 percent to P565.5 million (2016: P542 million). An interim dividend of 28 thebe per share was declared on 26 July 2017.

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