Search results for 'operating profit'
World
The Brick Dilemma: Willdale Limited's Struggle with Power Outages and Intense Rivalry

Persistent power outages throughout the year had a profound and adverse effect on the production and sales volumes of Willdale Limited, a prominent brick manufacturer. Consequently, the company's oper

Jan 09, 2024
Companies
Seed Co Starts FY25 Bullish Amid Improved Rainfall Prospects

Seed Co Limited, Zimbabwe's largest seed company, has started the 2025 fiscal year on a positive note, reporting increased sales volumes, revenue, and operating profit in its first quarter. This enco

Aug 06, 2024
Companies
Rainbow Tourism Group's Financial Performance Analysis

The Rainbow Tourism Group's financial performance indicates a strong recovery in the hospitality industry. Key profitability measures demonstrate the company's ability to generate revenue and manage c

Oct 02, 2024
Companies
Masimba Holdings Posts Strong H1 Results, Reduces Debt by 32%

Masimba Holdings has achieved significant milestones in the first half of 2024, despite operating in a tough environment characterized by liquidity constraints and heightened exchange rate volatility.

Oct 14, 2024
Companies
Seed Co Sees 45% Surge in Sales Volume to $26.9M

Largest seed house in the country, Seed Co  has recorded a 45% increase in sales volume to US$26.9 million for the third quarter to full year 2025 ended 31 December 2024 from 18.5 million in the same

Feb 03, 2025
Companies
Seed Co International Narrows Half-Year Losses by 93% in HY 2026

Seed Co International Limited (SCIL) has delivered its strongest interim performance in years after narrowing its loss for the six months to 30 September 2025 to  US$0.2 million, an improvement  from

Dec 04, 2025
Companies
Mash Holdings Lifts Operating Margin to 47% as Occupancy Holds at 89%

Mashonaland Holdings Limited has reported revenue of USD 3.14 million for the five months ended 31 May 2026, a 7% increase from USD 2.93 million in the comparable period of 2025, while operating profi

Jun 22, 2026
Companies
CFI Swings Back to Operating Profit, Equity Falls on Joint Venture Takeover

CFI Holdings Limited has reported a swing to operating profitability for the half year ended 31 March 2026, recording operating profit before financing costs, depreciation and impairment of ZWG 182.7

Jun 30, 2026
Companies
Zambeef Products Doubles Profit, Costs Absorb Three-Quarters of Operating Profit

Zambeef Products PLC, the largest integrated cold chain food products and agribusiness company in Zambia, has reported revenue of ZMW 3.93 billion, equivalent to USD 180.5 million, for the half-year

Jul 15, 2026
Companies
Star Africa Price Cuts Lift Sugar Volumes 38%, Refinery Capacity Reopens Growth Path

Star Africa Corporation, Zimbabwe’s sugar producer and refiner has taken a decision to reduce sugar prices, producing the strongest evidence yet that the company can recover earnings through higher re

Aug 17, 2026
Zimbabwe
VFEX Becomes ZSE Holdings’ Profit Engine, Delivers 75% Operating Profit

Victoria Falls Stock Exchange (VFEX) has become the principal earnings engine inside Zimbabwe Stock Exchange Holdings, with the USD-denominated market generating almost three-quarters of group operati

3 hours ago

Top Stories

VFEX Becomes ZSE Holdings’ Profit Engine, Delivers 75% Operating Profit

Victoria Falls Stock Exchange (VFEX) has become the principal earnings engine inside Zimbabwe Stock Exchange Holdings, with the USD-denominated market generating almost three-quarters of group operati

3 hours ago

Banks Split on Where to Put Deposits as Credit Shifts Toward Trade, Mining and Agriculture

Zimbabwe’s banks are entering H2 2026 with more deposits available for lending, but their interim results show that the allocation of that liquidity is becoming increasingly selective, and that the ri

3 hours ago

Old Mutual Cuts Client Cash Outflow by R7bn in First Half

Old Mutual reduced the amount of client money leaving the group by R7.00 billion during the half year ended 30 June 2026, cutting its net client cash outflow from R10.13 billion to R3.13 billion. The

4 hours ago

Balance Sheet Illusion: Growing Deposits Mask Credit Quality Deterioration in Zimbabwe’s Banking Sector

Zimbabwe’s banking system entered the second half of 2026 with substantially larger balance sheets, but the H1 results show that the widening performance divide now extends beyond profitability into t

5 hours ago

Machiavelli’s Politics of No Second Chance: How Court Closures, Treason Charges Threaten Zambia’s Mining Boom

Hakainde Hichilema enters his second term with the numerical strength of a decisive electoral victory and a political dispute that should have been comparatively easy to settle. He was officially decl

7 hours ago

POSB Profit Falls 42%, Fee Squeeze Outruns 37% Deposit Growth

People’s Own Savings Bank has expanded its balance sheet aggressively during the first half of 2026, but the additional deposits and lending have yet to replace earnings lost as regulatory measures c

8 hours ago

Zimbabwe’s Mineral Leakages Shift from Border Smuggling to Under-Declaration and Fake Invoices

The Minerals Marketing Corporation of Zimbabwe has recorded 18 suspected mineral smuggling and irregular-movement cases between January and August 2026 involving about 2,654 tonnes of minerals and scr

1 day ago

Weekly Currency Update: ZiG Enters September Stable as Tight Money, FX Buffers Contain Pressure

The Zimbabwe Gold opened on 31 August 2026, the last day of the month at ZiG26.6640 per US dollar, giving back part of the appreciation recorded during the previous week after closing Friday at ZiG26.

1 day ago