Dairibord milk intake volumes up 42%

Dairibord Holdings Limited says it has registered a 42% milk intake increase from 22.4 million litres recorded last year to 31.8 million litres for the nine months ended 30 September 2024.

The milk intake contributed 36.8% of the national raw milk intake.

Total volumes sold in USD declined from 93% to 74% signifying an increase in the usage of the local currency ZiG as the government has crafted strategies to shore up the usage of the currency in the country.

The company commits to increase its export orders and embark on a cost management exercise to align costs with revenue.

More funding for capital investments will be released and research and development continue to be a priority going forward.

Minister of Industry and Commerce Nqobizitha Mangaliso Ndlovu
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