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Illovo Malawi revenue increases by 73%, profit up to K20 billion

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Illovo Sugar (Malawi) Limited, the only sugar manufacturing company that is listed on Malawi Stock Exchange (MSE), has posted its financial results for the year 2012/13. The group’s revenue jumped by 73.15 percent during the year to close at  K63.2 billion  (about $158m) from the previous year’s K36.5 billion (about $91.2m). The company says sugar [...]

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