Meikles Limited Trading Update| The impact of Covid-19

May 15th, 2020|

COVID-19 IMPACT The Group has repaid all bank borrowings other than limited ZWL bank borrowings restricted to the export sectors of the Group. All these borrowings are offset by greater sums on deposit in banks, both US$ and ZWL, the Group as a whole being cash positive. Cash flows are also positive, with the result [...]

Meikles Limited declares a second interim dividend of 7.5 ZWL cents

May 12th, 2020|

Notice is hereby given that on 4 May 2020 the Board of Directors declared a second interim dividend (number 81) of 7.5 ZWL cents per share payable out of the Group's profit for the financial year ended 31 March 2020. The dividend will be payable on or about 2 June 2020 to shareholders in the [...]

Meikles Limited defers Dividend payment

April 8th, 2020|

The Board of Directors of Meikles Limited would like to advise shareholders that they will be deferring the payment of the Interim Dividend as announced in the Dividend Notice of 10 March 2020. The delay in paying the dividend is due to the current national efforts to contain the spread of Corona Virus, which has [...]

Meikles Limited declares an interim gross dividend of 10.0 ZWLcents per share

March 10th, 2020|

Notice is hereby given that on 4 March 2020 the Board of Directors declared an interim dividend (number 80) of 10.0 ZWLcents per share payable out of the Group's profit for the current financial year. The dividend will be payable on or about 8 April 2020 to shareholders in the Company's register as of close [...]

Meikles Limited | Q32020 Trading Update

February 17th, 2020|

TRADING ENVIRONMENT Trading during the quarter ended December 2019 was impacted by weak domestic demand as high inflation continued to erode disposable incomes. In addition, shortages of foreign currency as well as intermittent supply of both fuel and electricity disrupted production and availability of goods in the economy. Sales volumes across the Group’s operations were [...]