The Directors of OK Zimbabwe Limited are pleased to announce the release of the Group's half year financial results for the period ended 30 September 2017. Below is an extract of the Chairman's Statement and a few financial highlights. Revenue up 22.6% to $268 million EBITDA increased by 63.1% to $11.3 million Profit for the [...]
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 [...]
CHAIRMAN'S STATEMENT OVERVIEW The operating environment continued to be hampered by weak and declining macro-economic performance which was characterised by low manufacturing productivity, increasing unemployment, depressed consumer spending and limited access to cash. Prices of goods across the various product groups continued to decrease albeit at a reducing rate with the government statistical office reporting [...]
The Directors of OK Zimbabwe Limited are pleased to announce the release of the Group's 2016 annual report for the year ended 31 March 2016. Below is an extract of the Chairman's Statement and a few financial highlights. Chairman's Statement Overview Persistent economic headwinds hampered business operations throughout the financial year. Combined effects of drought, [...]
OK Zimbabwe Limited today (6th June 2016) held their presentation to analysts and asset managers in respect of the full year results for the year ended 31 March 2016. From left: Messrs A.E. Siyavora, V.W. Zireva and A.R. Katsande at the results presentation today Below are some excerpts from the results: - Revenue : [...]
CHAIRMAN'S STATEMENT OVERVIEW Challenges presented by the declining economic environment have continued unabated and indeed have worsened coupled with the effect of a depressed world economy. Businesses continue to fail and unemployment continues to rise. Every business and company in Zimbabwe has been adversely affected. In our sector, the direct effect is that no matter [...]
The Directors of OK Zimbabwe Limited are pleased to announce the release of the Group's 2015 annual report for the year ended 31 March 2015. Below is an extract of the Chairman's Statement and a few financial highlights. Chairman's Statement Overview The economic slowdown reported on last financial year deepened as evidenced by increased company [...]
OK Zimbabwe announces the release of its audited results and analyst presentation for the full year ended 31 March 2015. Below are some of the financial highlights: Financial highlights Revenue slipped to $462.7 million Profit for the year down to $7.5 million Attributable earnings per share of USc 0.65 Final dividend of USc 0.14 per [...]
OK Zimbabwe announces the release of the analyst presentation for the unaudited results for the six months ended 30 September 2014. Below is a summary of the performance review: Revenue went down by 4.8% to US$232.1 million EBITDA was sustained at US$9.5 million compared to the previous period Profit after tax also declined by 10.9% [...]
OK Zimbabwe announces the release of their financial results for the six months ended 30 September 2014. Below is a summary of the performance review: Revenue down 4.8% to $232.1 million EBITDA even at $9.5 million Profit for the period down 10.9% to $4.3 million Earnings per share 0.37 cents Net cash from operations up [...]