Cuba Reports Large Revenue Gain, With China As Its Largest Market By Value

[El Presidente]

Cuba Reports Large Revenue Gain, With China As Its Largest Market By Value

 

Feb 26, 2024 | By David Savona

 

CONTINUED

[Cigar Surgeon]

Charlie also has a YoY graph and some additional information here: https://halfwheel.com/habanos-s-a-reports-record-721-million-in-revenue-for-2023-up-31-percent/435389/

[LLC]

My favourite quote when their talking about poor crop yields:

"We've been able to compensate for that reduction in volume with value," Sanchez-Harguindey said, adding that Cuban growers had also focused resources on their most efficient, high-end farms.

So those large price increases are “value”



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[Hammer Smokin']

It's the gift that keeps on giving.

[El Presidente]

Tragic. I actually don't mind the pivot. However, imagine a world where all share in the spoils. 

 

[VeguerosMAN]

Will Cuban farmers ever share profits from Habanos' sucess in China? 

[SCgarman]

2 hours ago, VeguerosMAN said:

Will Cuban farmers ever share profits from Habanos' sucess in China? 

Not a chance. They are being threatened by the gov't to produce crops or else. With no adequate fertilizer or anything else. I wonder when they will reach their breaking point?

[VeguerosMAN]

3 hours ago, SCgarman said:

Not a chance. They are being threatened by the gov't to produce crops or else. With no adequate fertilizer or anything else. I wonder when they will reach their breaking point?

Habanos is a private company. Right? Hope they do the right thing and do some charity work like the Fuente family.

[El Presidente]

6 minutes ago, VeguerosMAN said:

Habanos is a private company. Right? Hope they do the right thing and do some charity work like the Fuente family.

....you crack me up Vman