ANSA McAL’s chair­man A Nor­man Sab­ga says he is pleased that the group was able to de­liv­er a strong per­for­mance for the first half of 2021 de­spite the “cur­rent dy­nam­ic op­er­at­ing en­vi­ron­ment.”

The Group’s prof­it be­fore tax in­creased by 107 per cent to $305 mil­lion for the six months end­ing June 30, 2021.

Rev­enue fell mar­gin­al­ly to $2.68 bil­lion from $2.73 bil­lion over the same pe­ri­od last year.

“We have made sig­nif­i­cant in­vest­ments which po­si­tion the Group to achieve high re­turns on in­vest­ed cap­i­tal. No­tably, we tar­get­ed re­new­able en­er­gy in LATAM, cross bor­der in­sur­ance and brew­ery ex­pan­sion with the ac­qui­si­tion of Tri­dent Bar­ba­dos and brew­ery op­er­a­tions in An­tigua,” Sab­ga stat­ed.

Sab­ga added that the Group’s vi­sion is to al­so es­tab­lish the “first ful­ly in­te­grat­ed dig­i­tal bank” through ANSA Bank.

“We are con­fi­dent that our sol­id strate­gic plat­form dri­ven by our mind­set for growth, will de­liv­er ro­bust re­sults and cre­ate long-term val­ue for all our stake­hold­ers,” Sab­ga in­sist­ed.

The ANSA McAL board of di­rec­tors has ap­proved an in­ter­im div­i­dend of 30 cents per share which will be paid on Sep­tem­ber 8.

The reg­is­ter of mem­bers will be closed on Au­gust 27, 2021.