24.5 C
Harare
Saturday, May 30, 2020
Half year results expected to dip at least 20%Expected decline is due to challenging trading conditions across the GroupHeadline earnings per share to between 3.9 cents per share and 10.4 cents per share. Harare - Diversified packaging manufacturer Nampak Limited with a Zimbabwean...
Revenue for the period under review stood at US$194.6 millionGross profit margin was impacted by the significant increase in the stripping ratioPGM recovery was up by 1.8% Harare - Mining company, Tharisa plc’s revenue in the six months ended 31 March 2020 (HY...
Occupancy rates grew to 85.7%Arundel Office Park extension still at preconstruction stageCompany is focusing on driving rental growth, managing operating and maintenance costs Harare - First Mutual Properties (FMP) registered an improvement in occupancy rates in the year ended 31 December 2019 (FY2019)...
Vast improvement in operational efficiencies is expectedThe Group has managed to clear all production backlogsExports drive expected to grow volumes and generate forex Harare - Proplastics, Zimbabwe’s leading plastic pipes and fittings manufacturer forecasts an improved volumes performance following the completion of its...
FBCH expects its 2020 financial performance to be adversely impacted by the virusThe selling and distribution of Turnall’s products has been curtailed by the restriction of movementMeikles believes the Group will progress in a satisfactory position of financial strength and profitability in the future
Business units have been operating at varying capacities during lockdownAgricura has commenced the manufacture and distribution of sanitizers and disinfectantsLogistics operations have continued operating, providing services through moving essential cargo Harare - TSL expects the COVID-19 pandemic to continue affecting the Group’s operations...
DGA Zim Q3 and nine months volumes were down by 25% and 35% respectivelyAccessing forex has remained Transerv’s biggest challengeGroup registered positive profit performance in April despite lockdown Harare - Local shortage of foreign exchange negatively affected AXIA’s sales volumes which saw only...
Kits allocated to Office of President and Cabinet, PSMI, Sally Mugabe Central and Mpilo HospitalsFBC has always been instrumental in funding various programs aimed at improving the livelihoods of Zimbabweans Harare - FBC Holdings has donated ten thousand coronavirus test kits in the...
Volumes slightly declined to 836 tonnesExport volumes grew to 14%Revenue stood at ZWL$294.2 million Harare – In line with market wide fall in demand, CAFCA reported marginally declined volumes for the half year ended 31 March 2020. “Volumes for the six...
Improved gold prices also spurred profit increaseNet cash flow improvement registeredPower supply issue addressed Harare - Caledonia Mining plc registered growth in gross profit for the quarter ended 31 March 2020 (Q1 2020), spurred by an increase in gold output compared to the...