Namibia Breweries Limited shows mixed results despite claims of recovery. Money experts at Simonis Storm question if things look better than they really are. The brewing company made more money last term, with earnings up 94 percent. They paid dividends again after stopping payments before. But cash problems continue under the surface for the beer maker.
The company struggles to turn extra sales into actual profit. Their debt keeps growing as they expand into new drinks. Adding more products has brought in money, but failed to make the business stronger overall. The company remains stuck with tight profit limits despite selling many more products. Experts suggest people should view the company gains with caution.
The company struggles to turn extra sales into actual profit. Their debt keeps growing as they expand into new drinks. Adding more products has brought in money, but failed to make the business stronger overall. The company remains stuck with tight profit limits despite selling many more products. Experts suggest people should view the company gains with caution.
