Illovo Sugar Malawi net profit increases by 30% from K20.5bn to K26.6bn; Dividend declared at K14.9bln
Illovo MD addressing the investors * Key challenges faced during the period included high rates of inflation on key inputs and forex shortages * 2023-2027 strategy is to safely produce at least 330,000 tons of sugar per year through improved agricultural yields * Exports voluntarily suspended to meet domestic consumption to protect supply and demand By Duncan Mlanjira Illovo Sugar Malawi Plc announced that the company has made a net profit of K26.6 billion in the 2022 financial year…









