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Home » Cost optimisation sees SeedCo Q3 earnings up 25pc
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Cost optimisation sees SeedCo Q3 earnings up 25pc

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“Seed sales volumes declined because of non-recurrence of export orders at the same level as prior year and due to subdued winter seed sales in Zimbabwe,”
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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…

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