Delta Q4 revenue down 15pct

HARARE, April 13 (The Source) – Beverage giant Delta Corporation on Thursday reported a 15 percent drop in revenue for the fourth quarter to March 31 compared to the previous quarter as demand continues to fall. The company said it will release its full-year financial… Read More

Medtech revenue drops 26pct

HARARE, March 30 (The Source) – MedTech Holdings on Thursday reported a 26 percent drop in revenue to $9,8 million in the full year to December 2016 from $13,2 million the prior year as demand continues to fall. MedTech is a holding company with interests… Read More

Edgars FY profit plummets 90pct

HARARE, March 22 (The Source) – Clothing retail chain Edgars Stores’ net profit dropped nearly 90 percent to $548,000 from $4,57 million after a 19 percent drop in sales. Merchandise sales were $50,3 million for the year to January 8, 2017 compared to $62,3 million last… Read More