Despite the severely negative impact of the COVID-19 pandemic, the Demerara Distillers Limited (DDL) Group registered after-tax profit of $3.89 billion for 2020 compared to $3.48 billion in 2019.
This reflected an increase of $408 million or 11.7% over the preceding year.
In his presentation contained in the annual report for 2020, DDL Chairman Komal Samaroo reported that the profit before tax for the group was $5.2 billion in 2020 as opposed to $4.5 billion in 2019, translating into an increase of $662 million or 14.5% over 2019.
