The Markets Ledger

Potent demand uplifts booze maker Afdis, profits surge 51pct

Wines and spirits maker African Distillers Limited (Afdis) posted an impressive set of financial results for the year ended 31 March 2026, with profit after tax surging 51 percent to US$7,7 million, driven by strong product demand, reduced pressure from illicit imports and improved market stability.