DDL registers after-tax profit of $3.2b for 2018, up 26%

Beverage firm, Demerara Distillers Limited (DDL) says it recorded its highest revenue ever last year with total revenue for 2018 pegged at $21.862 billion and profit after tax standing at $3.279 billion.

The $21.862 billion in revenue marked an increase of $2.378 billion or a 12 per cent increase on the total revenue of $19.569 billion recorded in 2017, the company announced in a press statement received yesterday but dated March 8th.

GOVERNMENT is in the process of collaborating with the Demerara Distillers Limited (DDL) to manufacture milk and dairy products.

This was disclosed by Finance Minister Winston Jordan last Friday, at the commissioning of Distribution Services Limited’s (DSL’s) $1billion warehouse at Diamond, East Bank Demerara. DSL is a subsidiary of DDL.