Ariston’s profit surges 111 percent

25

ARISTON Holdings recorded an inflation adjusted profit after tax of $103 million for the six months to March 31, 2022, a 111 percent increase from $49 million achieved in the prior year. In a statement accompanying the group’s financials, Ariston’s chairman Alexander Jongwe said the group’s revenue declined to $634,8 million from $734,8 million. “Loss…