Agrifoods sees 4 percent sales uptick

CFI’s revenue went up by 92,3 percent from ZiG775,86 million in 2023 to ZiG1,49 billion in 2024.

AGRIFOODS’ sales volumes grew moderately, by four percent during the year ended September 30, 2024 defying the harsh impact of drought and partly boosting overall group performance.The stock feed subsidiary of Zimbabwe Stock Exchange (ZSE)-listed CFI Holdings struggled primarily due to raw material shortages as a result of the El Niño-driven drought, which severely disrupted…

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