17.1 C
Harare
Wednesday, October 20, 2021
Key highlights The Group’s revenue increased by 21%Macadamia and avocado harvest scaled up by 65% and 27% respectivelyThe hospitality segment registered 11% increase in room occupancyHowever, tea production tumbled by 15% Harare – Benefiting from exchange rate stability, improved foreign...
Sugarcane production increases to 128 044Total industry sugar sales up 52.1%Industry sugar export sales down by 66% Harare- Zimbabwe Stock Exchange(ZSE) listed agro-based counter, Hippo Valley Estates has recorded a 27% increase in sugarcane production for the first quarter ended 30 June 2021...
Revenue growth scaled up 34%Sales volumes surges to 33%Revenue expected to remain positive HARARE - Zimbabwe Stock Exchange-listed brick maker, Willdale Limited’s revenue for the second quarter ended 30 June 2021 scaled up 34% driven by volume growth and effective brick pricing...
Total industry sugar sale volumes up 7%Industry sugar export sales up 29%Sugar production decline by 4% HARARE – ZSE-listed sugar producer, Hippo Valley Estates recorded a 7% increase in total industry sugar sales volumes for the year ended 31 March 2021 owing to...
HARARE – Earnings from the sale of the golden leaf for the current year’s marketing season continue to be significantly ahead of last year complimented by better average prices, statistics from the Tobacco Industry and Marketing Board shows. The data shows that...
Key Highlights PAT at ZWL109.7 million, down 41% from prior yearThe Group incurred a monetary loss of ZWL163 millionRevenue increased by 23% to ZWL5.08 billionThe Group is on a renewed drive to re-tool its operations and attend to plant downtime
Key Highlights Good volume-driven performance by all product offeringsIntroduction of Gold Blend Number 9 boosted spirits volumesRevenue increased by 38% HARARE – African Distillers Limited (AFDIS), which manufactures, distributes and markets branded wines, spirits and ciders for the Zimbabwean market...
HARARE – Lafarge Cement Zimbabwe Limited, a leading maker and distributor of cement and allied products for the building industry, on Thursday announced the appointment of American national, John Stull to its board of directors as a non-executive director effective 10 June 2021.
Key Highlights Revenue up 68.5% to ZW$6.9 billionAttributed to significant volume growth in the Dry Mortars businessGross profit margins grew by 12.4% to 60.6% compared to 53.9% in 2019Records operating profit of ZW$1.9 billion compared to prior year loss of ZW$2.7 billion
HARARE – Tobacco sales reached US$507.3 million on day 64, up 29.77 percent ahead of US$390.9 million recorded in the same period last year, statistics from the Tobacco Industry and Marketing Board (TIMB) show. At that level, the current season’s sales which...