KENYA – Listed agribusiness firm Kakuzi Plc, has reported a 62% profit growth for the financial year ended 31st December…
Read MoreKakuzi posts 62% profit surge for Full Year 2022
Tag: financial results
Dangote Sugar Refinery hits new record high of US$875m in FY22 revenue
NIGERIA – Nigeria’s largest sugar refinery, Dangote Sugar Refinery Plc (DSR), has hit a revenue milestone of 400 billion naira…
Read MoreAB InBev reports mid-single digits revenue growth in South Africa
AFRICA – Anheuser-Busch InBev (AB InBev), the world’s largest brewer, has reported double-digit top-and-bottom-line growth in South Africa with record-high…
Read MoreMonster Beverage revenue leaps 13.9% in FY22 boosted by pricing actions and moderating supply chain challenges
US – Energy drinks giant, Monster Beverage Corporation, has posted a revenue surge of 13.9 percent to US$6.31 billion, from…
Read MoreNaira shortage, galloping inflation bites Nigerian Breweries’ FY22 profits
NIGERIA – Nigerian Breweries Plc, the largest brewing company in Nigeria, said a shortage of Nigerian naira denominations and galloping…
Read MoreDistell achieves 13.6% revenue growth in South Africa for FY22, cautions on future prospects as global recession continues
SOUTH AFRICA – Distell, the second-biggest cider producer in the world, has reported a revenue rise of 13.6% with volume…
Read MoreMolson Coors posts 0.7% slump in Americas segment net sales, expects low single-digit rise in FY2023 net sales
USA – American beverage giant Molson Coors has reported its three years Revitalization Plan is bearing fruits in a view…
Read MoreBeam Suntory posts 13% net sales rise in FY22, premium brands command half of full bottle spirits sales
JAPAN – Beam Suntory, a Japanese multinational alcohol company, has posted a 10.5% year-on-year jump in net sales in the…
Read MoreKraft Heinz to launch first IHOP’s branded coffee in April, pauses price hikes in some regions
US – American multinational food company, Kraft Heinz, has announced the first launch of IHOP’s branded coffee in both bags…
Read MoreCoca-Cola HBC reports 28.3% net sales rise in FY2022, plans for price hike
SWITZERLAND – World’s third-largest Coca-Cola anchor bottler, Coca-Cola HBC AG, has reported double-digit growth in the full year 2022 net…
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