Naum Kwena(Pty)ltd
| Business Location: | Rural area - Villages |
| Province | Limpopo |
| Branch: | Sekhukhune |
| Business Start Date: | 2017-08-28 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Manufacturing & supplying their own cleaning chemicals to different companies and individuals.
Challenges/Needs:
• Limited exposure to local markets.
• Lack of exposure to international markets.
• Limited technical training on chemicals.
Intervention Insights and Results
Intervention Details:
• Facilitation of local trade exhibition.
• Facilitation of She Trades Kenya business to business mission and Feira Internacional De Maputo (FACIM) Trade Fair, Maputo Mozambique.
• Participation on Introduction to detergents technology demonstration in partnership with Tshwane University of Technology, Technology Station in Chemicals.
• Facilitation of She Trades Kenya business to business mission and Feira Internacional De Maputo (FACIM) Trade Fair, Maputo Mozambique.
• Participation on Introduction to detergents technology demonstration in partnership with Tshwane University of Technology, Technology Station in Chemicals.
Outcome Details:
• Through the various interventions the business managed to increase sales.
• For the financial year 2023/24 the company recorded a turnover of R 889 371 with operational costs of R 889 371 which translate to the net profit for the year before tax of R 74 336. This translates to the following positive results for the business.
- Increase in turnover of 34.79% from R 580 000 to R 889 371.
- Increase in profit of 91.25% from R 6 500 to R 74 336; and
- The business managed to retain 3 employees including the owner.
• For the financial year 2023/24 the company recorded a turnover of R 889 371 with operational costs of R 889 371 which translate to the net profit for the year before tax of R 74 336. This translates to the following positive results for the business.
- Increase in turnover of 34.79% from R 580 000 to R 889 371.
- Increase in profit of 91.25% from R 6 500 to R 74 336; and
- The business managed to retain 3 employees including the owner.
Client Feedback
Client Comments:
We extend our sincere appreciation to SEDFA for providing us with invaluable business support.
