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Manufacturing and distribution company Seprod is doubling down on its export strategy as it targets 30 per cent of its production base for exports by December 2025.
In its just-released fourth-quarter report, the company scored big in 2024 with a 45 per cent increase in exports.
CEO Richard Pandohie says exports as a percentage of manufacturing are currently 21 per cent.
For the 12-month period ended December 2023, the Seprod Group achieved revenues of $113.04 billion, an increase of $34.61 billion or 44 per cent over the corresponding period in 2022.
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