Sefalana expects higher profits
Tuesday, January 19, 2021
In a cautionary to investors last week, Sefalana directors said pretax profits for the six months to October 31, 2020 would be up to 23% higher than the P121.1 million recorded over the same period in 2019.
Directors said the drivers of the improved performance would be shared when the results are revealed before the end of January.
Figures released by the country’s electoral management body have shown that a total of 1, 037, 684 people have registered to vote.However, eligible voters could be discouraged by events leading to the voting day like poor execution of advance voting amid talks that the elections could be unfair.There have also been threats by certain opposition politicians that shall the elections not be free and fair, they will halt them.Despite these...