Royal Swaziland Sugar Corporation
  Back Home Next  

Home
Vision, Mission & Values
Group Profile
Corporate Governance
Chairman's Report
Financials
Operations Overview
Board of Directors
Group Ownership
Group Structure
Management Structure
Corporate Information
Contact Details
RSSC Policies      

    

Comments, enquiries and requests for information should be directed to :

Corporate Affairs Manager

tnxumalo@rssc.co.sz

Tel : (+268) 313-4631

 

Chairman's Report

T

he Group achieved below expected results for the year ended 31 March 2011, with the profit attributable to owners of the company amounting to E78.8 million. The Group’s decline in profitability was affected by a number of factors, most notably, the significant strengthening of the Lilangeni against the Euro and US Dollar which reduced export revenues

Lower cane yields and the lower levels of sucrose in cane due to unfavourable climatic conditions and the impact of a hail storm which occurred in March 2010 were other contributing factors.


More . . .