News type: Earnings
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Sep 25, 2023 –
CHAIRMAN’S STATEMENT ECONOMIC OVERVIEW During the first half of the year macroeconomic developments continued to be negatively impacted by price and exchange rate volatility, particularly in Q2 2023. Significant policy interventions were implemented by Government towards the end of the period aimed at stabilising the Zimbabwe dollar and reducing inflationary …
Corporate announcement, Earnings | Zimbabwe
Sep 22, 2023 –
Padenga Holdings Limited (PHL.vx) HY2023 Interim ReportThe Directors are pleased to present the Reviewed Interim Condensed Consolidated Financial Results for the six months ended 30 June 2023 Directors’ Responsibility The Company’s Directors are responsible for the preparation and fair presentation of the Group’s financial statements. The financial statements have been …
Corporate announcement, Earnings | Zimbabwe
Sep 20, 2023 –
CHAIRMAN’S STATEMENT AND CHIEF EXECUTIVE’S REVIEW FOR YEAR ENDED 31 MARCH 2023 *Adjusted EBITDA is operating profit adjusted to exclude depreciation, amortisation, any impairment (or reversal thereof) and fair value adjustments relating to biological assets. Cautionary – reliance on hyperinflation adjusted financial statements The consolidated financial results of Hippo Valley …
Corporate announcement, Earnings | Zimbabwe
Sep 20, 2023 –
CHAIRMAN’S STATEMENT Overview of Operating Environment The economy continues to be on a growth trajectory due to increased economic activity and monetary control measures to manage the inflationary pressures. The currency as at 30 June had stabilized following volatile periods experienced from May onwards, which evened out towards the end …
Corporate announcement, Earnings | Zimbabwe
Sep 19, 2023 –
Operating environment The Group operated in a difficult environment with significant exchange rate volatility, inflationary pressures, constrained local and foreign currency liquidity and weakening disposable incomes. Year-on-year inflation at the end of July 2023 was at 101.3%, up from 75.2% in April 2023. The official exchange rate to the US …
Corporate announcement, Earnings | Zimbabwe
Sep 19, 2023 –
In compliance with the requirements of the Securities Act No.41 of 2016 of the Laws of Zambia and Listings Requirements of the Lusaka Securities Exchange, the Directors of Zanaco are pleased to announce the unaudited results for the period ended 30 June 2023 Financial Highlights The Group delivered an exceptional …
Corporate announcement, Earnings | Zambia
Sep 15, 2023 –
Mashonaland Holdings Limited (MASH.zw) HY2023 Interim ReportI am pleased to present the Mashonaland Holdings Limited inflation adjusted financial results for the six months ended 30 June 2023. Operating environment During the period under review, the macroeconomic environment remained uncertain with persistent exchange rate volatility and inflationary pressures increasing the cost …
Corporate announcement, Earnings | Zimbabwe
Sep 1, 2023 –
Seed Co Limited (SEED.zw) 2023 Annual ReportChairman’s Letter Dear Stakeholders It is my honour to present the Seed Co Limited Annual Report for the financial year ended 31 March 2023 (FY23). The last financial year (FY23) was challenging on several fronts in the country, but the business showed resilience. As …
Corporate announcement, Earnings | Zimbabwe
Sep 1, 2023 –
ZB Financial Holdings Limited (ZBFH.zw) HY2023 Interim ReportACTING CHAIRMAN’S STATEMENT Operating Environment: During the half year to June 2023, the domestic economy recorded mixed fortunes, especially when performance is considered on a quarter-on-quarter basis: Q1 2023 witnessed significant power shortages and load-shedding, with the power situation improving noticeably in Q2 …
Corporate announcement, Earnings | Zimbabwe
Sep 1, 2023 –
FBC Holdings Limited (FBC.zw) HY2023 Interim Report Group Chairman Statement It is with great pleasure that I present to you the Group’s reviewed interim results for the half year ended 30 June 2023. Inflation-Adjusted Financial Performance Review FBC Holdings Limited achieved a profit before tax of ZWL427 billion and a …
Corporate announcement, Earnings | Zimbabwe
Sep 1, 2023 –
Seed Co International Limited (SCIL.bw) 2023 Annual ReportChairman’s Letter Dear Stakeholders On behalf of the Board, I am honoured to present to all our stakeholders the results of the Group for the year ended 31 March 2023 (“FY23”). This has been a challenging year for the Group contending with the …
Corporate announcement, Earnings | Botswana
Sep 1, 2023 –
Seed Co International Limited (SCIL.vx) 2023 Annual ReportChairman’s Letter Dear Stakeholders On behalf of the Board, I am honoured to present to all our stakeholders the results of the Group for the year ended 31 March 2023 (“FY23”). This has been a challenging year for the Group contending with the …
Corporate announcement, Earnings | Zimbabwe
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