Covid19 cuts Ansa’s profits by 40%

Ansa Mc Al has reported a decline in its profit before tax by 42 per cent, bringing the group of companies’ profits down to $343 million. In an ad in local papers detailing its unaudited results for 2020’s third quarter, chairman Norman Sabga said the nosedive in earnings reflected the effects of covid19 and the … Continue reading Covid19 cuts Ansa’s profits by 40%