Turnall Holdings Limited releases 2019 Annual report

June 15th, 2020|

Introduction On behalf of the Board of Directors, I hereby present the Turnall Holdings Limited audited financial statements for the year ended 31 December 2019. Operating Environment There were a lot of significant developments in the country during the year, particularly on currency reforms. At the beginning of the year, the country was adjusting to [...]

Turnall Holdings Limited | Notice of 18th AGM

June 11th, 2020|

Notice is hereby given that the Eighteenth Annual General Meeting will be held by way of remote attendance on Tuesday, 30 June 2020 at 0900hrs for the following business: 1. Ordinary Business 1.1 To approve the holding of Annual General Meetings through virtual/electronic means and/or by way of remote attendance. 1.2 To receive, consider and [...]

Turnall Holdings Q1 2020 Trading Update | Sales volumes increased by 45%

May 15th, 2020|

TRADING ENVIRONMENT Foreign currency availability on the interbank market remained elusive and this continued to upset the timely importation of raw materials and spares, thereby impacting production capacity. Foreign currency shortages in the market resulted in the devaluation of the local currency. The country continued to experience hyperinflation with market players changing prices regularly in [...]

Turnall Holdings Limited releases FY2019 financial results

April 23rd, 2020|

Turnall Holdings Limited (TURN.zw) 2019 Abridged Report We have extracted the Chairman's Statement from the 2019 Abridged Report of Turnall Holdings Limited (TURN.zw), listed on the Zimbabwe Stock Exchange: Introduction On behalf of the Board of Directors, I hereby present the Turnall Holdings Limited abridged audited financial results for the year ended 31 [...]