OK Zimbabwe Limited

OK Zimbabwe 2017 full-year financial results and analyst presentation

By Published On: May 24th, 2017Categories: Corporate announcement

The Directors of OK Zimbabwe Limited are pleased to announce the release of the Group’s 2017 full year results ad presentation for the year ended 31 March 2017. Below is an extract of the Chairman’s Statement and a few financial highlights.

Financial highlights

  • Revenue US$472.4 million
  • Profit after tax US$6.1 million
  • Attributable earnings per share 0.52 cents
  • Net asset value per share 6.81 cents
  • Proposed final dividend 0.26 cents


The economy continued to manifest signs of distress during the period under review. Growth for 2016 was 0.6% which was short of the Government forecast of 2.7%…

Group Performance

Revenue generated for the year improved by 8.0% to $472.4 million from $437.5 million in the prior year…


The Group expects to continue growing sales, manage overhead costs and further improve profitability…


Mr. Vimbai Willard Zireva, the Group’s Chief Executive since its public listing in 2001, and a senior executive of the Group since 1984, retired on the 31st of March 2017…

D.B Lake


Related downloads

OK.zw – FY2017 results.pdf
OK.zw – FY2017 results presentation.pdf

The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.