Zimbabwe Stock Exchange listed, TSL Zimbabwe is poised to benefit from an increased market share of the national tobacco crop which is expected to be between 10% and 15% , the company has reported. In its half year ending 30 June results, TSL Zimbabwe recorded a
Zimbabwe Stock Exchange listed, National Tyre Services Limited sales and gross profit for the half year ended 31 March 2018 increased by 16% and 35% respectively. According to the group chairperson, James Moyo, profit before tax was $251,688, a 208% increase from the previous year’s loss. "Profit
Zimbabwe Stock Exchange listed, Falcon Gold Limited has for the second period running, reported an operational loss, recording a Total Comprehensive Loss of US$1 681 348 (-$0.015 per share) for the six months ended 31 March 2018. Falcon made a loss of US$2 423 831 (-$0.022 per
Sugar producers, Hippo Valley Estates Limited revenue for the half year ended 31 March 2018 tumbled eight percent down to $137,0 million compared to $148,5 million recorded during the same period last year mainly due to a 14% decrease in sugar production. According to the group
Zimbabwe Stock Exchange listed company CFI Holdings limited turnover for the half-year increased by 34% to $33.0 million compared to US$24.6 million achieved in the prior period. According to the group financial results,earnings before interest, taxes, depreciation and amortization (EBITDA) for the period improved by 80%. "The
According to the group chairman Thomas Ushe,Gross profit margins improved to 43% from 40% in 2017.
According to the Group Secretary, John Matorofa, improvement was due to strong performance of continuing operations which was driven by heightened product demand in addition to reduction in finance costs and an improved performance of the associate cotton seed business.
Zimbabwe Stock Exchange listed company, Mashonaland Holdings Limited revenue for the six months ended 31 March 2018 decreased by 2% to US$2.35 million compared to US$2.39 million recorded from the corresponding period last year. According the group chairman, Ronald Mutandagayi, the decline was due to the
Zimbabwe Stock Exchange listed company, Proplastics Limited posted an after tax profit of US$1, 358 444 in its end of year results for 2017 representing a 100 percent increase compared to the same period last year. According to the group chairman, Gregory Sebborn, turnover for the
Zimbabwe Stock Exchange listed company Ariston Holdings Limited recorded a revenue of $5.31 million in the six months ended 31 March 2018, a 53 percent rise from the $3.48 million reported last year. According to the Group financial results, increase in revenue were as a result
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