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*Delta revenue down 8% in first half of year* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?xu Zimbabwe Stock Exchange blue chip company and beverage maker Delta Corporation reported revenues of $246,6 in the first half of the year. This is an 8% drop compared to the same period last year. This has been attributed to depressed consumer spending as most of Delta’s segments posted lower volumes. Lager beer and sparkling beverages dropped by 11% and 3 % respectively as demand shifted to traditional beer where sorghum beer volumes increased by 6% and contributed a massive 60% of the total revenue. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- The company wants to open new plants for traditional beer and is being hampered by the current cash crisis. Chief executive Pearson Gowero said: > The delay in paying foreign suppliers has resulted in late commissioning of the new plants at Masvingo and Kwekwe which are now expected to contribute to production before the end of the calendar year. > More: Source _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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