Vision Group has said the profitability of the company is gradually recovering from the impacts of the pandemic as the economy is projected to rebound strongly this year.
While meeting investors during the Facts Behind the Figures webinar, management explained that there has been a strong bounce back from advertisers to communicate through Vision Group platforms following the reopening.
In its half-year results released recently, Vision Group posted significant improvement in revenues—growing by 53% from sh40.1b to sh61.1b. Gross profit increased by 19% from sh9.5b to sh11.3b.
Vision Group’s half-year results show that revenues grew to sh61b from sh40b during the period under review on the back of improved business conditions in the economy.
– New Vision