Ariston continues to sing the blues

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AGRI-INDUSTRIAL concern Ariston Holdings extended its successive losing streak to its bottom-line as endemic inefficiencies across its operations coupled with adverse external factors continue to weigh down business viability.

The Zimbabwe Stock Exchange (ZSE)-listed group last week posted a US$2,1 million interim loss for the half year ended March 31,2024.

Although that was a slight improvement from the US$2,4 million loss recorded last year in the same period, it marked the fourth straight loss in a series of six-month reporting cycles for the group.

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