Cottco Holdings Limited (Zimbabwe) output increases by 39% to 114,656MT in Q2 2022

By Published On: October 22nd, 2021Categories: Corporate announcement, Earnings

Cottco Holdings Limited (COTT.zw) Q2 2022 Interim Report

Cottco Holdings Limited is pleased to provide a trading update for the second quarter ended 30 September 2021.
OPERATING ENVIRONMENT
Lint prices have continued to be bullish with the basis price surpassing 100c/lb, compared to last year’s average price of US56c/lb. The rising costs of local cotton production co