Chobe Holdings, a prominent tourism company listed on the Botswana Stock Exchange, has informed investors to prepare for robust earnings in its upcoming half-year results. The company’s cautionary statement indicates a strong performance.
Expected Profit Increase
Profit before tax for the six months ending August 31, 2025, is projected to rise by 15% to 25% compared to the previous year. This translates to an estimated increase of P24.4 million to P40.7 million, building on the P162.9 million recorded in 2024.
Investor Outlook
This forecast suggests a positive financial period for Chobe Holdings. The anticipated growth signals potential strength within the tourism sector, reflecting positively on the company’s operational strategies and market conditions.
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