24th Mar 2020
The Bestway Group has announced its financial results for the year ended 30th June 2019. The Group's annual turnover increased 6.3% to £3.4 billion with all businesses profitable for the year under review. Group profit before tax decreased to £227.7 million as compared to £283.5 million in the previous year. The decline in profitability was primarily due to the challenging economic conditions in Pakistan as well as the impact of the rupee devaluation on conversion of results into pound sterling.
Lord Zameer Choudrey CBE SI Pk, Chief Executive of Bestway Group, and Dawood Pervez, Managing Director of Bestway Wholesale, presented a cheque for £100,000 to charity Save the Children at Bestway Group’s Head Office in Park Royal, London on Tuesday 22nd October.
British Pakistani businessman and Bestway Group Chief Executive, Zameer Choudrey CBE, to be appointed to the House of Lords.