IDROC Investment Group reported total sales of 65.99 billion birr in the first half of the 2025/26 fiscal year, exceeding its target and recording a 71 percent increase compared to the same period last year, according to a statement from the conglomerate.
The group reviewed its half-year performance at the Sheraton Addis, a Luxury Collection Hotel. The report showed that the company achieved 176 percent of its profit target, marking a 95 percent year-on-year increase. During the same period, MIDROC paid more than 18.4 billion birr in agricultural expenses and other government obligations, up 166 percent from the corresponding period last year.
MIDROC also generated more than 155 million dollars in foreign exchange from products and services supplied to international markets during the first half of the fiscal year. This represents a 53 percent increase compared to the same period of the previous fiscal year.
No Comment Found.