THE late onset of the summer rains adversely affected TSL Limited (TSL)’s agricultural unit Agricura, resulting in the group’s topline suffering a nine percent decrease during the first quarter ended January 31, 2025, the company has said.In its trading update for the quarter, Agricura’s revenue was eight percent below the prior year owing to depressed…
Delayed summer rains sink TSL revenue
TSL’s financial position strengthened during the year, with total assets increasing by 11 percent to US$99,4 million.