Business Uncategorized 

Strong Sales Performance Boosts BAT Revenue

Strong sales performance has boosted revenue for the Zimbabwe Stock Exchange-listed company, British American Tobacco Zimbabwe (BAT) for the year ended December 2017 after realizing US$2.7 million- 8% higher than the prior year. According to the group chairperson, Lovemore Manatsa, gross profit was also 8% up as compared to the prior year. “Consequently, gross profit was up by US$2.0 million (8%) compared to the same period in 2016, in line with the volume increase combined with effective cost management measures taken by the company. “Selling and marketing costs increased by…

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