Meikles Limited (MEIK.zw) 2022 Annual Report

Meikles Limited (MEIK.zw) listed on the Zimbabwe Stock Exchange under the Industrial holding sector has released it’s 2022 annual report.

For more information about Meikles Limited (MEIK.zw) reports, abridged reports, interim earnings results and earnings presentations visit the Meikles Limited (MEIK.zw) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Meikles Limited (MEIK.zw) in the past 12 months, as of 3rd November 2022, is US$104.16M (ZWL20.77B). An average of US$8.68M (ZWL1.73B) per month.

Meikles Limited 2022 annual report

Company Profile

Meikles Limited is an established 100-year old company in Zimbabwe primarily invested in the agriculture, hotels and retail sector. The company operates six business segments; hospitality, retail stores which include department stores, supermarkets and wholesalers, and agricultural, financial services and security. Its well-known brands include the Meikles Hotel, Victoria Falls Hotel, TM Supermarkets, Meikles Stores and Tanganda Tea which produces, packs and distributes Zimbabwe’s famous tea brand aswell as Tinga Mira, a bottled spring water brand. Tanganda Tea Company also owns estates that produce avocados and macadamia nuts. Meikles Limited has department stores in three major cities in Zimbabwe which includes Barbours department store in Harare; and has a national footprint with 50 retail stores in towns and cities throughout Zimbabwe. Meikles Limited recently expanded into the mining and guarding sector and owns Meikles Centar Mining and Meikles Guard Services (Private) Limited in Zimbabwe. Meikles Financial Services offers mobile financial solutions and bill payment services to the retail and commercial sector in Zimbabwe; under the brand name My Cash. Meikles Limited is listed on the Zimbabwe Stock Exchange