Business Performance
Cane supply for the period under review declined 4% compared to the previous period due to a reduction in yields both on the estate and out-growers. This fall in yields is mainly attributable to poor climatic conditions and excessive rainfall experienced during the summer growing months. Total cane supplied for the 2021/22 season was 3.158 million tons compared to 3.240 million tons in the 2020/21 season.
[pdf-embedder url=”https://tiozambia.com/wp-content/uploads/2022/05/Poriate-Half-Year-Resuts-1-1.pdf” title=”Poriate – Half Year Resuts (1)”][pdf-embedder url=”https://tiozambia.com/wp-content/uploads/2022/05/Poriate-Half-Year-Resuts-1.pdf” title=”Poriate – Half Year Resuts (1)”]
The reduction in cane supply resulted in a corresponding 4% reduction in sugar production for the six month period which was 6,700 tons lower than the comparative period. For the complete
2021/22 season 390,206 tons of sugar was produced compared to 393,057 tons in the 2020/21 season
