Increased sales volumes spur BAT profit

BRITISH American Tobacco (BAT) has recorded a 60,68% jump in profit-after-tax (PAT) from $4,61 million to $7,41 million for the half year period ended June 30, 2018.

The profits were driven by increased sales volumes.

In a financial statement accompanying the company’s results yesterday, BAT chairperson Lovemore Manatsa said during the period under review, total sales volumes increased by 21% compared to the same period last year.

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