Hippo Valley Estates Limited (HIPO.zw) Q32023 Interim Report

By Published On: February 15, 2023TYPE: Interim ReportsYear: 2023Period: Q3Country: ZimbabweSector: Agricultural

Hippo Valley Estates Limited (HIPO.zw) listed on the Zimbabwe Stock Exchange under the Agricultural sector has released it’s 2023 interim results for the third quarter.

For more information about Hippo Valley Estates Limited (HIPO.zw) reports, abridged reports, interim earnings results and earnings presentations visit the Hippo Valley Estates Limited (HIPO.zw) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Hippo Valley Estates Limited (HIPO.zw) in the past 12 months, as of 2nd February 2023, is US$13.24M (ZWL8.19B). An average of US$1.1M (ZWL682.41M) per month.

Hippo Valley Estates Limited 2023 interim results for the third quarter

Company Profile

Hippo Valley Estates Limited is a subsidiary of Tongaat Hulett Limited and primarily involved in growing and milling sugar cane in Zimbabwe. This involves planting, maintaining and harvesting sugar cane crops and haulage to the sugar mill. The milling segment crushes and produces raw sugar. Hippo Valley Estates is an extensive enterprise and has other interests in sugar packaging, game hunting, fishing, and livestock and citrus farming. Chiredzi Township (Private) Limited provides services for water treatment. The Hippo Valley Estates and Triangle Sugar mills in Zimbabwe have combined milling capacity to crush more than 4,8 million tons of cane annually and produce over 640 000 tons of sugar. Refining capacity is 140 000 tons per annum. Hippo Valley Estates Limited is listed on the Zimbabwe Stock Exchange