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By Jon Robinson British tea brand Twinings brewed up a profit of almost £100m during its latest financial year, it has been revealed. For the 12 months to August 31, 2023, the London-headquartered business posted a pre-tax profit of £95m, up from £85.6m. Its revenue also increased from £221.5m to £226.7m over the same period, according to newly-filed accounts with Companies House. Twinings is owned by Associated British Foods which is listed on the London Stock Exchange. However, the owner of Primark does not report the individual financial performance of Twinings in its group results. A state…

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