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ZAMBEEF feed production up

zambeef 1

ZAMBEEF has recorded an increase in its stock feed production.

 

Production of animal feed under its Novatek firm has increased to 130,279 tonnes as at September 30,2015.

 

This is up from 118,885 tonnes of stock feed produced in 2014.

 

Joint Chief Executive Officer Francis Grogan says Stockfeed accounted for 19 percent of the Zambeef group turnover.

 

Mr. Grogan says Stock feeds also accounted for 10 percent of the company’s gross profit in the financial year ending September 30, 2015.

 

He said this in a statement sent to ZNBC News in Lusaka today.

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