Financials & Economy
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Pernod Ricard reports symbolic milestone of surpassing US$10Bn sales in fiscal year 2022
FRANCE – French beverage giant Pernod Ricard has delivered sustained profitable growth of 17% organic sales rise for fiscal 2022 that totaled €10.701billion (US$10.64B), driven…
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Decline in wheat prices leads global food commodity price drop
GLOBAL— World food prices have dropped for a fifth straight month in August – led by a decline in global wheat prices – but still…
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RCL Foods registers 10% rise in revenue driven by growth across all segments
SOUTH AFRICA – RCL Foods, a leading South African food manufacturer producing a wide range of branded and private label products has achieved a pleasing…
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Yili reports new heights of 12.31% rise in H1 revenue, the fastest growth rate in dairy industry
CHINA – Chinese dairy giant Yili Group has achieved the fastest growth rate in the dairy industry after it posted a 58.25% rise in the…
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Retailer OK Zimbabwe registers 48.9% rise in full year profit driven by stellar top-line performance
ZIMBABWE – Zimbabwe Stock Exchange (ZSE) listed retail outlet, OK Zimbabwe, has reported a 34.7% rise in full year revenue to ZWL 79.9 billion (US$220.7m)…