web hit counter Inflation: UAC increased prices of products by 75% to 100% to protect margins – Fola Aiyesimoju – See The Stars

Inflation: UAC increased prices of products by 75% to 100% to protect margins – Fola Aiyesimoju

The Group Managing Director of United African Company (UAC), Fola Aiyesimoju has stated that the company has had to increase prices by on average 75% to 100% to sustain profit margins. Mr. Aiyesimoju said this during the investor call on the company’s financial performance in the first half of the year. While responding to questions …

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