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      Tumisang Orebonye: Overcoming Against Adversity to Reach for the Stars

      ‘Winning The CAF Super Cup Is A Dream Come True’ – Orebonye

      BAA Needs Over P3m For World Champs

      Botswana’s Sporting Future in Jeopardy: School Sports Suspension Threatens Athletic Excellence

      No House For Tebogo Despite Astral Performance in Budapest

      “No Pressure for Tebogo at Diamond League Finals”

      BOKA Aims to Host Two Prestigious International Karate Competitions

      BOKA Aims to Host Two Prestigious International Karate Competitions

      FM Botswana 2022 conference: transformation towards a greener FM 

      StanChart CEO Underscores Role of UB Marathon in Boosting Botswana’s Sports Tourism

      No House For Tebogo Despite Astral Performance in Budapest

      No House For Tebogo Despite Astral Performance in Budapest

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      Home Companies & Markets

      Sefalana profits to grow by up to 15%

      mm by Kitso Dickson
      July 20, 2022
      in Companies & Markets
      Reading Time: 1 min read
      0
      Sefalana’s bottom-line growth expected to continue

      GABORONE, 5 September 2012, The BIHL group announces the half year financial result in Gaborone on September 5,2012. (Pic:Press Photo)

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      • Profits projected to be P35m to P44m higher than prior year

      Issuing a cautionary announcement on the Botswana Stock Exchange (BSE), the Board of Sefalana Holding Company Limited has said the Group’s profit before tax for the 52-week period ended 24 April 2022 will be between 12 percent and 15 percent.

      This is approximately P35 million to P44 million higher than what was reported for the comparative 52-week period ended 25 April 2021 which amounted to P290 million. Sefalana says it will be publishing its consolidated financial results of the Group for the 52-week period ended 24 April 2022 by the end of July 2022. This will include commentary on the drivers for the enhanced performance. It accordingly advised shareholders and investors to exercise caution when dealing in the company’s securities until the publication of further updates.

      In terms of the Listings Requirements of BSE, companies are required to announce through the BSE any circumstances or events that have or are likely to have a material effect on their financial results for the period to be reported upon next. Sefalana is Botswana’s second largest distributor and retailer of Fast Moving Consumer Goods (FMCG). It operates more than 88 stores across Africa and has grown into a large and diverse business, operating in a number of sectors predominantly in the Fast Moving Consumer Goods (FMCG) sector within Botswana, Namibia, Lesotho, South Africa and most recently, Australia.

      Tags: Botswana Stock Exchange (BSE)Fast Moving Consumer Goods (FMCG)Sefalana Holding Company Limited

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