The company remains confident that the next financial year will see an improved performance, especially in the latter half, on account of the upgraded plant at GSSH and the anticipated upturn in the market. The ongoing plant commissioning exercise has already resulted in the plant producing good quality sugar that meets the specifications of all our customers. It is pleasing to note that in the mid-term fiscal policy review delivered by the minister of finance on 30 July 2015, Government introduced 10% plus $100 duty on imported sugar. This will go along way in boosting our sales of sugar to industrial customers. The cost undertaken and a stable domestic market for sugar will result in the company operating viably.
FY 2015 Financial results