The company attributed the profit to the growth in beer volume, which increased by 5.9%, driven by higher sales of Amstel, Heineken, and Turbo King.
Soft drinks volume also increased by 31.6% versus the previous year, due to the full reopening of the market, events, and the revamping of the non-alcoholic beverages route to consumers.
In total, Bralirwa generated revenues worth Rwf157.6 billion, a 27.6% increase compared to the previous year’s Rwf123 billion.
The company produced 2,318,000hl of beverages in 2022, compared to 2,076,000hl in 2021. Bralirwa’s capital expenditure in 2022 also increased to Rwf29.4 billion, up from Rwf10.4 billion in 2021.
The impressive financial results demonstrate Bralirwa’s continued growth and success in the Rwandan market.
The company has been able to capitalize on the reopening of the market and events, as well as its efforts to revamp its non-alcoholic beverages route to consumers.
The company’s investment in capital and product portfolio expansion positions it well for long-term success in the Rwandan beverage market.
Overall, Bralirwa’s impressive financial results demonstrate the company’s continued growth and success in the Rwandan market, as well as its ability to adapt and grow in a challenging market.
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