Allied Timber set to go regional
forests by illegal settlers continues with approximately 14 000 hectares having been affected.
“The company is following legal processes, and liaising with the central government in an effort to address this matter,” he added.
The company’s total sawmills production volume for the year increased 121% to 99 421 square metres up from prior year production of 44 928 square metres.
The production was, however, affected by incessant breakdowns which disrupted the production flow. Truss production decreased from 568 square metres to 558 square metres mainly affected by inadequate supplies of strength graded timber to truss plants due to increased competing needs. Allied Timbers has also embarked on an ICT project upgrade with a view of automating the business processes.
“It is our belief that we will be able to run efficiently, effectively and online and thereby reducing the cost of doing business, and addressing some of the internal control weaknesses”, Nenzou said while noting the effects of the global Covid-19 pandemic which had a significant impact on the group. Going forward the company’s focus is to remain focused on increasing the contribution of export sales to support the group’s retooling programmes.