15.3 C
Harare
Friday, July 30, 2021
Unit sales were up 23.7%Debtors collection also increased in the first three months of 2021Fabric supplies for winter were disrupted due to the lockdown in the region Harare- Truworths International Limited in its Q3 ended 10 April 2021 has posted a 23.7% increase...
All operations except in Zambia recorded growth in volumesThis is despite lockdown restrictions experienced over the periodIssues bullish outlook and says financial status of the Group remains healthy HARARE – Axia Corporation Limited reported a robust performance across its business units in the...
Cumulative 9 months volumes up 37%Growth margins narrowing on a quarterly basisOperation’s outlook solid, analysts contend HARARE- Leading FMCG Probrands is trading impressively ahead of the prior year, Innscor, has revealed. Probrands, which has emerged strongly as a market leader in most of...
Revenue increased from ZW$1.5 billion in 2019Operating profit increased by 1,077% from a loss of ZW$26m in 2019 Shelves dividend HARARE - British American Tobacco (BAT) Zimbabwe Holdings Limited which manufactures, distributes, and sells tobacco products for local consumption through a network of independent...
Mathlongolo Valela takes over as CEO effective July 1, 2021Pearson Gowero set to retire after 25 years at the companyChange of guard amidst expansion of soft drink operations into Manicaland Harare – Zimbabwe’s biggest beverages producer, Delta Corporation Limited has appointed a new...
TV Sales & Home turnover up 30 percentDGA Zimbabwe turnover up 6 percentTranserv had operating profit growth of 22 percent Harare – Axia Corporation Limited said for the six months ended December 30, 2020 the relatively stable environment has given rise to the...
Shareholders to expect fall in profitsLimited sales opportunities, depressed prices influenced the expected profits Harare - Diversified ZSE-listed Padenga Holdings recently issued a cautionary statement to its shareholders, informing them of an expected fall in profits on the back of demand-side challenges throughout...
Relatively stable currency, decline in inflation led to improved business activitiesGroup reported revenue of ZWL$9.711 billionBorrowings increased by ZWL$464 Harare – Specialty retail and distribution group, Axia Corporation Limited hailed the prevailing exchange rate stability which it says helped businesses to plan better.
Revenue up to ZW$27.759 billionRecorded strong volume growth across most product categories Harare – Innscor Africa Limited recorded a 774 percent growth in revenue from ZW$25.342 billion to ZW$27.759 billion for the year ended December 31, 2020 driven by strong volume performance across...
HEPS grew by 10.7% to 419.6 centsSales were driven by the furniture businessCurrency devaluations in key African markets upset Group effortsDeclares interim dividend Africa’s largest food retailer, Shoprite Holdings reported a 10.7% growth in earnings for the half-year ended 27 December 2020 helped...