Nampak Zimbabwe Limited Reports Earnings Results for the Six Months Ended March 31, 2017
Nampak Zimbabwe Limited reported earnings results for the six months ended March 31, 2017. For the period, the company reported revenue of USD 43.095 million compared to USD 47.571 million a year ago. Operating profit before interest and tax was of USD 1.549 million compared to USD 2.395 million a year ago. Profit before tax was USD 1.443 million compared to USD 2.228 million a year ago. Profit was USD 0.838 million or 0.11 cents per share compared to USD 1.480 million or 0.20 cents per share a year ago. Headline earnings per share were 0.20 cents compared to 0.20 cents a year ago. Net cash generated from operating activities was USD 11.707 million compared to USD 6.353 million a year ago. Purchase of plant and equipment was USD 1.046 million compared to USD 2.737 million a year ago.