Derrimon Trading has reported revenue of $12.196 billion for the nine months ended September 2021.

Thats an increase of $2.5 billion more than the figure reported for the corresponding nine months period in 2020.

The growth in revenue can be attributed to the recovery achieved by all the local business units, gains from the new overseas subsidiaries and an overall improvement in the core business.

The revenue generated for the reporting period is $4.143 billion which surpasses their record quarterly performance of $3.315 billion posted at Quarter 3 2020.

In a release the company says this is a commendable performance, given the country remains in a business environment where the difficulties faced from logistics and shipping costs directly affected operations.

The company’s issued share capital also rose significantly to $4.53 billion due to their successful APO at the start of this financial year.