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Published 14 days ago

DEMTOCO announces after-tax profit of $2.27 billion

Summary by Stabroek News

warns of significant losses due to smuggling The Demerara Tobacco Company Limited (DEMTOCO) has announced an after-tax profit of $2.27 billion for 2023 while noting a “significant” rise in cigarette smuggling which it estimates could cost the local economy some $1 billion annually. The article DEMTOCO announces after-tax profit of $2.27 billion appeared first on Stabroek News.

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DEMTOCO announces after-tax profit of $2.27 billion

warns of significant losses due to smuggling The Demerara Tobacco Company Limited (DEMTOCO) has announced an after-tax profit of $2.27 billion for 2023 while noting a “significant” rise in cigarette smuggling which it estimates could cost the local economy some $1 billion annually. The article DEMTOCO announces after-tax profit of $2.27 billion appeared first on Stabroek News.

14 days ago·Guyana

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