In an effort to maintain the growth acquired since the novel coronavirus pandemic, food manufacturer and distribution company Seprod Limited is seeking to further expand its business with more exports and with increased expectations for profit margins during this financial year.
The company, which has raked in billions in profit since the divestment of its perennial loss-making Golden Grove sugar operation, said that it will be intensifying its export objective which group Chief Executive Officer (CEO) Richard Pandohie said Seprod was seeking to grow by a minimum of 35 per cent year on year.
“The minimum target was to get to 30 per cent in two years and then take it from there,” he said at a Mayberry Investor Forum held this week where he also indicated that the company would be targeting the larger Latin American market, among others, to help with the growth of its portfolio.
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