A sharp growth in the average selling price for crocodile skins at international markets rescued Padenga’s agribusiness earnings after the company experienced a eight percent drop in skin harvests during the year ended December 31, 2024.The Victoria Falls Stock Exchange (VFEX)-listed crocodile breeder, in its financials for the year under review, said low volumes were…
Higher skin prices lift Padenga agribusiness
The group is banking on the new equipment delivered during the quarter under review which it expects to improve efficiency going forward.