Masimba’s revenue declines 12 percent

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…

Subscribe to read full article. Subscribe today

Related posts

RioZim seeks nod for turnaround plan

New offerings lift Old Mutual Zimbabwe earnings

Fastjet toasts to tourism sector fee cuts

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