Illovo Sugar Plc (ILLOVO.mw) HY2023 Interim Report

Illovo Sugar Limited (ILLOVO.mw) listed on the Malawi Stock Exchange under the Food sector has released its 2023 interim results for the half year.

For more information about Illovo Sugar Limited (ILLOVO.mw) reports, abridged reports, interim earnings results and earnings presentations visit the Illovo Sugar Limited (ILLOVO.mw) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Illovo Sugar Limited (ILLOVO.mw) in the past 12 months, as of 2nd May 2023, is US$3.2M (MWK6.8B). An average of US$266.47K (MWK566.83M) per month.

Illovo Sugar Limited 2023 interim results for the half year

Company Profile

Illovo Sugar Limited (Malawi) is a leading producer and supplier of sugar in Malawi. With a history of over 100 years, the company has grown to become one of the largest sugar producers in the country. It operates two sugar estates, Dwangwa and Nchalo, and a refinery in Limbe, producing high-quality sugar products for domestic and export markets. Illovo Sugar Limited (Malawi) is committed to sustainability, reducing environmental impact, promoting social and economic development, and supporting its employee’s and surrounding communities’ health and safety. The company works closely with local stakeholders to promote sustainable farming practices and ensure fair trade. With a strong track record of financial performance and a commitment to sustainability, Illovo Sugar Limited (Malawi) is a critical player in Malawi’s sugar industry and well-positioned to capitalise on future opportunities for growth and expansion in the region.