Profit after tax amounted to N$144.7 million

Obrein Simasiku Namibia Desert Diamond (NAMDIA) has bounced back from a mere profit of N$13.3 million attained in 2020/21 to a whopping ten-fold gain of N$144.7 million in 2021/22 financial after tax, and a total of N$218 million before profit. The exceptional financial returns follow poor performance as a result of Covid-19. The company paid N$150 million in dividends to government today, which is an increase from N$40 million in the 2020/21 financial year. “NAMDIA performed well during the 2021/2022 financial year. Profit after tax amounted to N$144.7 million, compared to N$13.3 million during the 2020/21 financial year, a period…