Business

Bat revenue 50% up

NewsDay Staff ·

Bat revenue 50% up

BRITISH American Tobacco Zimbabwe (Bat) reported a 50% increase in revenue to $24,3 billion for the year ended December 31, 2022, thanks to improved cut-rag tobacco and leaf exports sales.

According to the company’s financial report for the year ended December 31, 2022, the company’s two income streams produced a gross profit of $18,3 billion, which is a 74% increase from the previous year.

“The group recorded a 50% increase in revenue amount to $24,3 billion compared to the previous year.

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