In the final year under long-serving Chairman Dr Yesu Persaud, the Dem-erara Distillers Limited (DDL) Group registered a 19% increase in after-tax profit and a growth of turnover by 11%.
Its annual report for 2013 said that the group’s profit before tax rose by 15% from $1.912B in 2012 to $2.205B last year. It said this reflected better margins from cost reduction initiatives and efficiencies. As a result, the group’s after tax profit grew from $1.314B