Following BCL’s Annual General Meeting on Thursday, Togolo said the company is in a good position and remains debt free.
However, the company will not be paying dividends from the 2017 Financial Year following a consolidated loss after tax of K7.30 million.
While BCL recorded a CLAT of K7.30 million, Togolo says the company is financially secure.
“BCL has a strong balance sheet. We’ve got enough financial resources to make sure that our current plans are implemented.
