Search results for 'revenue decline'
Companies
African Sun’s Topline Slumps in Q1 as Occupancy Falls to 39%: A Comparison with RTG
African Sun Limited (ASUN) the largest hotelier group, faced significant challenges in the first quarter of 2025 with hotel occupancy rate plummeting by 17% to 39% from 47% in Q1 2024, accompanied by
May 21, 2025
Companies
Nampak’s Q3 Struggles, Financial Analysis: Can Festive Demand Spark FY25 Recovery?
ampak Zimbabwe Limited, the country’s largest packaging firm, reported a challenging third quarter ending 30 June 2025, driven by heightened competition amid growth in informalization and persistent p
Aug 13, 2025
Companies
Zimpapers' Revenue Collapse Against a Forensic Audit in Progress: Loses Ground on Every Front Simultaneously
Zimbabwe Newspapers (1980) Limited recorded a loss before tax of ZWG96.3 million in FY2025, nearly double the ZWG55.7 million loss of the prior year, as revenue contracted 15.5% to ZWG622.1 million an
Apr 07, 2026
Companies
Willdale Narrows Operating Loss to 1.6 Million, Despite Sales Volumes Falling 50%
Zimbabwe’s biggest listed bricks manufacturer, Willdale Limited has reported an operating loss of ZWG 39.9 million for the half year ended 31 March 2026, equivalent to approximately USD 1.6 million at
Jul 01, 2026
Top Stories
Global Seas Hit 21.1°C Peak in August : East Africa Braces for Floods as Southern Africa Fears Drought
Global sea surface temperatures reached 21.1°C on 22 August 2026, the highest daily reading in Copernicus records dating to 1979. The new peak exceeded the previous 21.09°C record set in March 2024 a
2 hours ago
