Aico posts half-year loss

AGRO-INDUSTRIAL concern Aico Africa Limited’s after-tax loss for the half-year to September remained flat at $27,1 million compared to the same period last year due to improved performance in some of its operations, a company official has said.

Victoria Mtomba,Business Reporter

Aico chief executive officer Patrick Devenish told NewsDay that the company’s performance for the first half of the year was weighed down by subdued agriculture.

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