Crocodile skin producer Padenga Holdings Limited has seen the contribution of its mining operation coming in at US$37,92 million in full-year 2020 with total revenue expected to improve by 158,9% from US$29,12 million to US$75,41 million.
This is mainly driven by the consolidation of Dallaglio, a mining company based in Zimbabwe. In August last year, Padenga shareholders gave the nod to the acquisition of a 50,1% stake in Dallaglio.
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