Padenga downsizes crocodile unit as demand dips

PADENGA Holdings (Padenga) says it plans to right-size its agribusiness segment in accordance with global demand for crocodile skins, which has recorded a significant downturn.The group has mining operations and a Nile crocodile breeding business operating as Dallaglio Investments and Padenga Agribusiness, respectively.The crocodile business saw a year-on-year decline in sales volumes, with 46 560…

Subscribe to read full article. Subscribe today

Related posts

TSL seeks nod for VFEX migration

CBZ flags earnings risk from fee cuts

PLZ invests in local community

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More