Delayed payments drag down Masimba’s half-year cash flows
TweetShareSharePin0 Shares…posts 75% jump in order book By ETimes Masimba Holdings’ order book was worth about US$145 million in the first six months of 2022, up from $83 million in…
ZIMRE Holdings says business environment is fragile in the region
TweetShareSharePin0 SharesBy ETimes In its half year to June 30, 2022, ZIMRE Holdings said it experienced a mixed business environment in the jurisdictions it operates in. “The 2022 operating environment has…
TSL logistics operations registers growth in Q3
TweetShareSharePin0 SharesBy ETimes Listed agro and logistics firm TSL said its group revenue for the third quarter ending July 31, 2022 was 61 percent ahead in inflation adjusted terms of…
ANALYSIS| Exchange Related Gains Drive Mash Holdings to ZWL$1.6bn PAT
TweetShareSharePin0 Shares…as Group Targets Portfolio Diversification By Yona Banda Financial Performance Highlights Listed property group Mashonaland Holdings earned a Net Profit After Tax of ZWL$1.57 billion in the financial half-year…
PPC delights in Zim operations
TweetShareSharePin0 SharesBy ETimes PPC said group cement sales volumes (including Zimbabwe) for the five months ended August 2022 were in line with the previous comparable period as subdued demand in…
Choppies sees earnings per share growth of up to 115% in FY2022
TweetShareSharePin0 SharesBy ETimes Choppies expects full-year basic earnings per share to rise between 95% and 115%, the Fast Moving Consumer Goods retailer said recently, but is currently finalizing its financial…
ANALYSIS| Digitization Strategy Sees NMB Holdings Earn Total Income of ZWL$10bn in H1
TweetShareSharePin0 Shares…as Group Targets Expansion By Yona Banda Financial Performance Highlights Listed banking group NMB Holdings posted a ZWL$1.7 billion net profit after tax for the half year period ended…
Mash Holdings seeks better property market activity
TweetShareSharePin0 SharesBy ETimes Mashonaland Holdings has alluded that the property market remains hamstrung by lethargic demand across all sectors of the market owing to low economic activity in the economy. In…
Forty percent of Dairibord’s half-year sales volume sold in forex
TweetShareSharePin0 Shares…FX obligations adequately covered By ETimes Dairibord, the country’s largest milk processor, says the majority of its liabilities were fully covered in the first six months of 2022. Local…
Hedging Strategies Appear to Payoff as FBC Holdings H1 Profits hit ZWL$8.1bn
TweetShareSharePin0 SharesBy Yona Banda Performance Highlights The FBC Holdings group reported an inflation adjusted net profit after tax of ZWL$8.1 billion for the half-year ended 30 June 2022. The earnings…