Africa Edition
Ariston Holdings says it has been focusing on increasing capacity utilisation and broadening the group's product offering. Ariston is an agricultural enterprise that produces a diverse range of farm products including tea, macadamia nuts, horticulture and deciduous fruits as well as fish, beef cattle and poultry.
The Deciduous fruits the company specializes in include bananas, apples and peaches. Among its staple crops are potatoes, tomatoes, peas, maize and soya beans. Group chairman Alexander Jongwe in a statement of financials for the year ended September 30, 2021 said revenue increased to $1,2 billion from $938 million in the prior year driven by increased sales in the local market.
"The revenue reflects a growth of 31 percent when compared to prior year and this was mainly driven by increase in sales of products grown and consumed in the local market," he said.
Source: herald.co.zw
