16.1 C
Harare
Saturday, February 27, 2021
Harare-Seed manufacturer and marketer Seed Co International Limited (SCIL) says it expects its interim profit before tax for the half year ended 30 September 2020 to be approximately US$4.5m and US$4.8m ranging between 275-295% This profit is a rebound from the loss of US$1.6m...
Revenue down 8%PAT adversely impacted by monetary loss exchangesThe Group opened a new store espite Covid-19 constraints Harare – Hospitality and retail group, Meikles Limited said its profit fell for the half-year ended 30 September 2020 as revenue slid due to COVID-19 induced...
Food imports increased to US$458M in first 9 months from US$140.5MThe severity of food emergencies are expected to persist through at least March 2021Merchandise imports are estimated to have contracted by 4.3% due to COVID-19 impact HARARE – Zimbabwe’s food import bill has...
Profit after tax scaled up 620% to R252mThe Chemicals division net revenue was hard hit by the lockdownsConcerns around hyperinflation and liquidity constraints remain in Zimbabwe HARARE – South Africa-headquartered chemical manufacturing group, Omnia Holdings emerged on top amid the biting global coronavirus...
Total revenue was US$22,5 millionMining operations contributed 61% of total revenueCrocodile farming operations contributed 39% Leading crocodile skins and meat supplier and new miner, Padenga Holdings Limited has recorded a massive 295% boost in revenue for the half year ended 30 June 2020...
Sales volumes were up across all business unitsBiggest improvement from Barzem limitedRevenue was up 10% Harare – Agro industrial firm Zimplow Holdings Limited which is involved in the production and marketing agricultural and industrial equipment in Zimbabwe and the region posted improved revenue...
Local and export volumes down 62% and 84% respectivelyGroup revenue was 12% ahead of prior yearPAT came in at ZWL$140m, 5% above last year Harare-Listed agro-industrial firm Zimplow Holdings Limited posted a sharp decrease in performance in its farming division, Mealie Brand for...
Sugar production dropped 11% on prior yearSugar sales dipped by 14% on prior yearTotal industry sales in the local market decreased by  13% Harare - Hippo Valley Estates Limited experienced low sugar production for the year ended 31 March 2020 and this has...
Revenue from continuing operations grew by 6% from ZWL 8.3 billion in 2019 to ZWL 8.8 billion in 2020Profit after tax from retail operations grew to ZWL 674.8 million from a loss of ZWL 21 million in the previous year“The Group’s profit performance to date for the...
The move is expected to promote food security towards the realisation of Vision 2030The Bank will also provide investment support for A1, A2 and small scale commercial farmers who have not been supported by commercial banksAgriculture remains the core of economic recovery and growth in Zimbabwe, accounting...