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Meatco suffers N$757m revenue loss

Key Figures:N$757 million decline in group revenueN$42,5 million profit before tax, down from N$105,7 millionN$186 million govt grants recognised as operating income47% decline in...

Namibian Sun26 Jul 2026, 10:05 pm
Meatco suffers N$757m revenue loss

CONCERNS FLAGGED: Independent auditors have raised serious concerns about Meatcou2019s ability to continue operating. Photo: FILE

BUSINESS

Meatco suffers N$757m revenue loss

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Drought lessens cattle throughput

Technically, Meatco remained profitable, thanks largely to N$186 million in government grants recognised as operating income.

Sonja Smith

11 Hours Ago - 2026-07-27 00:05:00

Key Figures:

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Originally published by Namibian Sun on 26 Jul 2026, 10:05 pm. View original article
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