Banks DIH registers $2.56B profit

Banks DIH registered a profit of $2.569b for last year, a 13% rise over the 2014 figure.

In his Chairman’s report in the company’s annual report for 2015, Clifford Reis said that the rise in profit of $304m for the beverage giant was a result of an increase in sales by 3%, a rise in revenues by 4% and a decrease in operational expenses by 4%.

He noted that over the past few years, the company has been modernizing its production and distribution capabilities particularly in respect of the brewery, soft drinks, rum and ice-cream. He said these were accompanied by a support services upgrade of the power generator, carbon dioxide output, steam generation and water supply systems. Reis said that during the year capital