17.8 C
Harare
Sunday, March 7, 2021
Business for the retailer has been adversely affected by competition from informal boutiquesThe company is slowly losing its competitive edge of being able to sell on credit because of macroeconomic volatility and hyperinflationTotal credit sales for Q1 2021 were 31,5%, way below average.
Overheads grew by 680.6%Revenue grew to ZWL8.7 billion from ZWL1.1 billionPost 30 September 2020, the Group opened 2 more retail outlets Harare – Ok Zimbabwe Limited saw its overheads spike rapidly during the six months ended 30 September 2020, reflective of the negative...
Significant improvement experienced in Q3 on prevailing stabilityQ3 total unit sales were 1,5 million compared to 963 000 in the entire half yearFurther bump in volumes expected in Q4 HARARE - Clothing manufacturer and retailer, Edgars Stores Limited says they expect a hike...
Volume performance against the final quarter of F2020 has been very highTV Sales & Home volumes closed 48% higherthe Group will focus heavily on re-building its volume and revenue bases in the forthcoming period Harare – Retail and distribution company, AXIA Corporation Limited...
Sales volumes rose by a fifth in October YoYExperienced a muted sales in April and May 2020 due to the COVID-19Cement volumes for PPC Zimbabwe grew by m approximately 5% Harare – JSE-listed Pretoria Portland Cement (PPC) said sales volumes have bounced back...
Active accounts reduced by 0.5%Doubtful debts down 1.7 percentage points compared to prior periodRevenue from contracts with customers also consequently downEasing of inflation since the year end could however see an increase in customer accounts Harare – Zimbabwe Stock Exchange (ZSE) listed Casual...
Average sales volumes decreased by 8%Dunhill gained by 962%Revenue 31% higher than comparable period Harare - Zimbabwe Stock Exchange Listed cigarettes producer, British American Tobacco (BAT) has recorded an 8% decrease in sales volumes for the nine months ended 30 September 2020 mainly...
Harare – Bulawayo based personal care and agro-commodities manufacturer, United Refineries Limited (URL) has closed operations due to acute water shortages in the country’s second largest city. The company manufactures Roil Cooking Oil, Sunshine Cooking Oil, Image Family Bath Soap, Vogue Beauty Soap,...
Revenue increased by 2.6%Trading restrictions affected up to 20% of the Group’s revenueHeadline earnings per share down 56.3% Harare-South Africa headquartered retail giant Pick n Pay Stores Limited reported a marginal increase in revenue during the half year ending August 2020 with the...
Revenue declined by 1% to ZWL$7.848bTV Sales & Home volumes were 23% below prior yearTranserv recorded a volume decline of 38% Harare - Retail and distribution company, AXIA Corporation Limited reported a marginal decrease in revenue during the full year ended 30 June...