Distell says SA’s ban on liquor sales cost it about R4.3bn in lost revenue
27 August 2020 - 08:28
Liquor group Distell says SA’s prohibition on liquor sales cost it an estimated R4.3bn in lost revenue during its year to end-June, when volumes fell more than a fifth.
Group profit just more than halved to R394.6m, with Distell saying volumes in SA fell a quarter, with the restrictions on sales having a spillover effect on the rest of the region...
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