Cost pressures weigh heavily on Hwange

HWANGE Colliery Company (Hwange) says high costs and low output have kept it in a net current liability position. Advertisements The company, however, swung to a $3,5 million profit in the half year to June — from a $23 million loss in 2018. But total liabilities still exceeded its total assets by $286 million. “The…

Subscribe to read full article. Subscribe today

Related posts

Econet wary of share price valuation

Delta quells share price concerns

Dairibord eyes capacity expansion

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More