SEEDCO Limited (SeedCo) registered a 25 percent growth in operating profit to US$25,8 million for the third quarter ended December 31, 2024 (Q3 FY25) from US$20,7 million a year earlier (Q3 FY24) owing to cost optimisation and enhanced production.The macro-economic conditions remained challenging, characterised by elevated inflation pushing the cost of business higher.Nonetheless, the Zimbabwe…
Cost optimisation sees SeedCo Q3 earnings up 25pc
While SeedCo’s operating profit growth is impressive, market analysts say its sustainability will depend on continued cost discipline, market expansion and resilience to external economic and environmental challenges.