Illovo Sugar Plc (ILLOVO.mw) Q22023 Interim Report

Illovo Sugar Limited (ILLOVO.mw) listed on the Malawi Stock Exchange under the Food sector has released it’s 2023 interim results for the second quarter.

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 3rd February 2023, is US$3.72M (MWK7.98B). An average of US$309.95K (MWK665.3M) per month.

Illovo Sugar Limited 2023 interim results for the second quarter

Company Profile

Illovo Sugar Limited is a South African-based enterprise and Africa’s largest producer of raw sugar and sugar brands produced from sugar cane grown by its own agricultural operations and independent growers. It operates in six African countries and exports products to sub-Saharan Africa, the European Union and the United States. Illovo Sugar Malawi is based in Limbe in the Blantyre District. Illovo Sugar Limited operates in four segments; cane growing, sugar production, downstream and co-generation products. The Cane Growing division grows sugar cane which is used in the production of sugar productions. The Sugar Production division manufactures and markets Illovo Sugar brands. The Downstream and Co-generation division manufactures and markets brands that are by-products of the production process, including furfural and alcohol. Illovo Sugar Limited also supplies surplus electricity generated in the sugar production process. Illovo Sugar Limited is a subsidiary of Associated British Foods plc. Illovo Sugar Limited is listed on the Malawi Stock Exchange