Meatco reports profit after five years of consecutive losses
Meat Corporation of Namibia has returned to profitability with group revenue increasing to N$1.865 billion and an operating profit before tax of approximately N$106 million for the year ended 31 January 2025, compared to a N$150 million loss in the prior period. The corporation attributes the turnaround to reforms in governance and accountability under its Board-approved Turnaround Plan, with audited results to be formally presented at the AGM scheduled for 20 February 2026.
18 February 2026 · Informanté →