Botswana Housing Corporation Returns to Profitability
Botswana Housing Corporation (BHC) has reported a significant financial recovery, achieving a P32.2 million profit after tax in the first half of the 2025 financial year. This marks a positive shift after the corporation recorded a loss at the close of March.
Strategic Measures Drive Performance
Despite a notable decrease in revenue, BHC’s turnaround was attributed to several key operational adjustments. The corporation implemented stringent cost-cutting measures and enhanced its efforts in arrears collection. Additionally, the reversal of previous asset impairments played a crucial role in improving the financial outlook.
Fiscal Half-Year Highlights
The reported profit indicates a successful strategic pivot for BHC. This financial performance reflects the impact of internal management decisions focused on efficiency and financial health.
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