CFI Holdings on a recovery path

CFI Holdings recorded a 24 percent increase in revenue to $22.6 million in the five months to February 2017 from $18.1 million in the same period last year.  Acting chief executive Timothy Nyika told shareholders that the group was ‘above break-even’ from a loss of $4 million for the same period the prior year.  Margins increased by 4.6 percent as favourable margins were recorded in Farm and City retail and horticultural projects.