HARARE, September 29 (The Source) – General Beltings Holdings narrowed its net loss for the six months to June by nearly a third to $254,230 from $360,380 in the prior comparable period chiefly due to lower operating expenses.
HARARE, June 24 (The Source) – Listed manufacturer of conveyor belts, General Beltings Holdings says a deal with Zimplats to provide the platinum miner with specialized equipment has allowed it to improve production levels, improving its capacity utilisation to 66 percent. Zimplats is Zimbabwe’s biggest… Read More
HARARE, September 24 (The Source) – Listed conveyor belts maker, General Beltings, on Wednesday said it had posted an after tax loss of $818,000 in the half-year to June 30, compared to $728,000 last year on declining revenues but sees improved performance driven by a… Read More
HARARE, May 2 (The Source) – Manufacturing concern GB Holdings’ losses worsened to $3 million in the full year to December, from $2,1 million in the prior year, dragged down by narrowing revenues and increasing operating costs, the company reported on Friday. Revenue was down… Read More