Alcoholic beverage maker Afdis says increased competition had negatively affected its sales margins for the full year ended June 2011 to $15 million.

The company’s turnover increased by 32% to $19,5 million while it recorded a $290 000 EBITA loss for the period under review.

Afdis said it was currently not economically viable for the company to produce wines and ciders locally due to high production cost required.

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