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Home » Higher skin prices lift Padenga agribusiness
Companies & Markets

Higher skin prices lift Padenga agribusiness

written by Elton Manguwo, Staff Writer 0 comments
The group is banking on the new equipment delivered during the quarter under review which it expects to improve efficiency going forward.
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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…

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