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Ms Maria M. Nthebolan, Cresta Marakanelo Board Chairperson 


Group Operations
The Group managed to meet its financial commitments, maintain market share, maintain the assets in good condition so as to avoid compromising standards of product and service and has implemented efficiency measures to reduce general operating costs without sacrificing operating standards. Group revenue increased by 7.9% to P303.2 million. This year-on-year strong growth exceeded inflation rates in the primary economies in which we operate and bear testimony to the strength of our core business and value of the brand. Owing to strict cost controls and improved marginal contributions at key units, profit before tax increased by 10.1%, well in excess of the growth in revenue.


 
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