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Masimba’s revenue declines 12 percent

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MASIMBA Holdings says its revenue was down by 12 percent to $7,4 billion during the year to December 31, 2022, due to the slow start of key projects. Notwithstanding the marginal fall in revenue, the company’s earnings before interest, taxes, depreciation, and amortization to turnover remained firm at 21 percent. According to Masimba’s 2021 annual…

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