Local beverage giant, Demerara Distillers Limited (DDL) Group, recorded its highest ever revenue last year, pegged at $21.862 billion.
In a statement on Sunday, the Group announced that this reflects an increase of $2.378 billion or a 12 per cent increase on the total revenue of $19.569 billion earned in the previous year.
The Group’s profit after tax was $3.279 billion in 2018 compared to $2.6 billion in 2017, an increase of $679 million, or 26 per cent. While its profit before tax for the year was $4.362 billion compared to $3.551 billion in the previous year, an increase of $810 million, or 23 per cent.
Additionally, earnings per share was $4.26 compared to $3.38 the previous year.
According to Chairman of the DDL Group, Komal Samaroo, in the 2018 Annual Report, “It is with great pleasure that I announce to shareholders that the 2018 financial year was another very successful year with excellent performance from our Group.
