Powerspeed PAT doubles in H1

HARARE, June 2 (The Source) – Electrical goods manufacturer and retailer, Powerspeed’s net income for the interim period to March more than doubled to $580,673 from $161,595 recorded in the comparable period last year on increased revenue and cost containment measures. Turnover was up 13… Read More

Powerspeed PAT up 40 pct

HARARE, December 10 (The Source) – Engineering concern Powerspeed Electrical after tax profit for the full year to September was up 40 percent to $653,000 driven by revenue growth from the group’s retail division. Chief executive Hilton Macklin said an influx of imported products has… Read More