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Aico incurs $27m loss

HARARE – Listed agro-focused concern Aico Africa Limited (Aico) remains in the red after incurring a $27 million loss in the half year to September 2013 due to depressed sales volumes. During the period under review, sales volumes slumped 23 percent with the group’s revenue declining six percent to $50,9 million from $54 million recorded…

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