20 C
Harare
Sunday, January 24, 2021
Harare- Lafarge Cement Zimbabwe Limited remains hopeful in terms of beating the pressures of the current economic environment despite a 19% decline in the year to date cement consumption per capita recorded in the third quarter compared to the same period last year.
Revenue rose to R1 861 millionCement volumes declined by 15% to 20%Sales volumes between July and September grew by 35% to 40% Harare – PPC Zimbabwe registered growth in revenue in the year ended 31 March 2020 in spite of a drop in...
The company posted an inflation-adjusted loss of ZWL 1.8 millionRecorded net loss of ZWL 1.8 million compared to a profit of ZWL 110,723 in the comparative periodShareholders’ equity decreased by 8% to ZWL 20.9 million due to the net loss incurred ZSE-listed National Tyre Services (NTS) has...
PPC Zimbabwe volumes down by 15% to 20%SA cement volumes dipped by 16% to 18%, total imports up by 17% Group capex lower than the same comparable period and is expected to be lower end of the guided range given in the Group’s interim results Harare -...
Group's raw milk intake down by 6%Exports strategy registered growthIndustry registered 20% - 45% decline in sales Harare – Dairibord Holdings’ business performance in April and May was negatively affected by the COVID-19 pandemic beyond what was previously anticipated, with the first quarter...
Total industry sugar production marginally declined by 3%Little rainfall risky to the industryProgress at Project Kilimanjaro Harare - Hippo Valley Estates Limited, a subsidiary of Tongaat Hullett Limited primarily involved in growing and milling sugar cane in Zimbabwe said despite the commissioning of the Tugwi-Mukosi Dam in...
Shares fell by -7.59%“Lower volumes generally, coupled with the inability to fully recover input costs, have adversely impacted profitability.”The Group is in the process of disposing off the VAMP business, which was forced to temporarily close manufacturing facilities due to a listeriosis outbreak in 2018. Tiger Brands...
Lager beer volume was down 42% during the period under review on last year performanceThe Group noted that the circulation of returnable containers is slowed down during hyperinflation as traders hold them as a store of valueRevenue came in at ZW$4.2 billion in historical cost numbers, representing...
Volumes plunged 35%Revenue grew by 25%Operating income increased by 15%71% profit contraction Harare - Zimbabwe Stock Exchange listed alcoholic beverage maker, African Distillers Limited (Afdis) has joined the band wagon after registering low volumes, as the business environment succumbs to the prevailing macro-economic challenges.
Sales volume up 49%In Q2’2020, the company took a heavy blow from Covid-19 induced restrictionsRevenue grew by 24% HARARE – The only ZSE-listed brick maker, Willdale Limited recorded a significant recovery in sales volumes for the quarter ended 30 September 2020 driven by...