Advertisements
Home » Inputs business drives TSL revenue growth

Inputs business drives TSL revenue growth

0 comments

TSL’S revenue grew by 33 percent to $1,5 million during the half-year ended April 30, 2021, driven by sales volumes growth in its agro-inputs business.
The company said Agricura, which distributes agro-chemicals and provides pest control services, recorded volume growth in most product lines due to product availability, improved marketing and a strong distribution network, adding that favourable rainfall patterns during the 2020/21 season have resulted in an increase in demand of the unit’s product offering.

Advertisements

According to the financial statement, operating profit went up 53 percent to $545 million from $355 million while earnings before interest, taxes, depreciation, and amortisation rose 51 percent to $720 million from $476 million.

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.
Advertisements

Leave a Comment

Advertisements

The Financial Gazette It is southern Africa’s leading business and political newspaper well known for its in-depth and authoritative reportage anchored on providing timely, accurate, fair and balanced news.

Newsletters

Subscribe to The Financial Gazette newsletter for financial & business news worth reading. Let's stay updated!

©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More