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

Top Stories

Zimbabwe Maintains August Fuel Prices  as Global Costs Set to Decline

Zimbabwe has maintained its petrol and diesel prices for August, holding steady at US$1.56 per litre and US$1.55 per litre, respectively, according to the latest monthly fuel update from the Zimbabwe

9 hours ago

OK Zimbabwe Raises US$20m, Boosts US$30m Turnaround Plan

OK Zimbabwe Limited, the country’s largest supermarket chain by store count, has successfully raised US$20 million through a fully subscribed renounceable rights offer, according to the latest circula

13 hours ago

Nampak Zimbabwe Benefits from Record-Breaking Tobacco Season

NamPak Zimbabwe Limited, a leading packaging firm listed on the Zimbabwe Stock Exchange (ZSE) is banking on Zimbabwe’s record-breaking 2025 tobacco marketing season to steady operations in a challengi

14 hours ago

Gold's Performance in July: Balancing Gains and Challenges

Gold prices rose 0.3% in July 2025, closing at US$3,299 per ounce, driven by tariff-led inflation expectations and geopolitical risks, per the Gold Return Attribution Model (GRAM). A stronger US doll

14 hours ago

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

1 day ago

RBZ’s 2025 Mid-Term Monetary Policy Reveal: Analysis of Key Policies

The Reserve Bank of Zimbabwe (RBZ) has released its 2025 Mid-Term Monetary Policy Statement, themed "Walking the Talk and Staying the Course to Durably Anchor and Consolidate Stability," highlighting

1 day ago

ZiG Weekly Review: Supplier Payment Delays, Budget Underutilisation Threaten ZiG’s Long-Term Stability

The Zimbabwe Gold (ZiG) closed the week ended 8 August 2025 at an exchange rate of 26.7605 against the USD, reflecting a marginal appreciation from 26.7369 the previous day and aligning with the rate

Aug 08, 2025

ZIDA Unveils E-Regulations Portal to Streamline Investment, Boost Transparency

The Zimbabwe Investment and Development Agency (ZIDA) has officially launched the E-Regulations Portal , a digital platform that seeks to provide clear, structured, and publicly accessible information

Aug 08, 2025