Tag: M&Z
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Some important statistics to consider with regards to food price hikes and profits
First of all, I am not saying that Alex Agius Saliba is right, but that he is making a good point. This is a matter of public interest, so I’ll be giving it more thought after some important points were made by readers, especially on the profitability aspect. Profitability for M&Z seems to be slightly…
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Profits and revenues of major food importer and distributor M&Z soared in 2022
Among the large food importers and distributors in Malta that have monopoly power in a very small market is M&Z which is on the Malta Stock Exchange (MZ) and its biggest shareholders are Paul Camilleri and Thomas Agius-Vadala. The company’s revenue soared by 24% in 2022 from 2021 reaching levels even higher than 2019 –…