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Zambeef Prod. (ZAM) Share News

UK shareholder meetings calendar - next 7 days

23rd Dec 2024 15:28

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Zambeef notes lower annual profit but "robust" overall performance

10th Dec 2024 14:41

(Alliance News) - Zambeef Products PLC on Tuesday reported lower annual profit due to rising costs and economic instability, but remained optimistic about future growth. Read More

Zambeef Products expects earnings growth despite difficult environment

29th Nov 2024 17:32

(Alliance News) - Zambeef Products PLC on Friday said it expects to report earnings growth of nearly 50% during its most recent financial year, despite "difficult operating circumstances". Read More

EXECUTIVE CHANGES: New chief executives at Cornish Metals and ValiRx

12th Aug 2024 12:01

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in August so far and not separately reported by Alliance News: Read More

Zambeef Products profit rises 14% amid challenging economic conditions

21st Jun 2024 13:41

(Alliance News) - Zambeef Products PLC on Friday reported positive earnings despite a slump in revenue. Read More

EARNINGS AND TRADING: Zambeef names new Chair

19th Jun 2024 16:45

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Zambeef to report big jump in profit but warns about drought

18th Jun 2024 10:44

Zambeef Products PLC - Lusaka-based producer, processer, distributor and retailer of meat, dairy and cereal food products in Zambia, Nigeria and Ghana - On Monday, says total basic earnings per share for the half year that ended March 31 is expected to be up 233% on a year before in Zambian kwacha terms and 143% in dollar terms. For the first half of financial 2023, Zambeef reported pretax profit of USD2.5 million on revenue of USD158.7 million. Read More

Zambeef expects annual profit and revenue to fall below expectations

23rd Apr 2024 16:11

(Alliance News) - Zambeef Products PLC on Tuesday said it will not meet profit and revenue market expectations for its financial year ending September 30. Read More

Zambeef appoints interim chair following death of Michael Mundashi

9th Apr 2024 12:16

(Alliance News) - Zambeef Products PLC on Tuesday said it has appointed Monica Musonda as interim chair following the death of Michael Mundashi last month. Read More

TRADING UPDATES: Baron Oil surrenders licence; DG Innovate proposes JV

28th Mar 2024 14:28

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

22nd Dec 2023 15:50

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IN BRIEF: Zambeef Products profit surges despite tough environment

7th Dec 2023 18:02

Zambeef Products PLC - Lusaka-based cold chain foods and retail business with operations in Zambia, Nigeria and Ghana - For the financial year ended September 30, reports revenue of ZMW6.05 billion, about USD331.5 million, up from ZMW5.39 billion a year earlier. Pretax profit surges to GBP203.7 million from GBP55.2 million. Read More

TRADING: Zambeef sees profit above market views; Luceco trades in line

7th Nov 2023 17:47

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

TRADING UPDATES: Zambeef to rationalise in Zambia; Nucleus owns Curtis

21st Sep 2023 19:04

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Zambeef Products shares down as interim loss widens

30th Jun 2023 14:36

Zambeef Products PLC - Lusaka-based cold chain foods and retail business with operations in Zambia, Nigeria and Ghana - Posts revenue of USD158,738 for year ended on March 31, up 7.2% from USD148,136 the year before. Says the half-year is characterised by a difficult trading environment due to "constricted consumer spending amidst a tight monetary policy". However, pretax profit is down 75% to USD2.5 million from USD9.9 million, as operating profit is down 58% to USD5.7 million from USD13.3 million the year before. Posts expenses classified as "other" at USD2.7 million, compared to "other" income of USD228,000 a year ago. Read More

IN BRIEF: Zambeef Products expects half-year earnings to fall

9th Jun 2023 14:22

Zambeef Products PLC - Lusaka-based cold chain foods and retail business with operations in Zambia, Nigeria and Ghana - Says total basic earnings per share for the financial half-year that ended March 31 is expected to be significantly lower than a year prior. EPS for all of financial 2022 was ZMW9.70, down from ZMW56.17 in financial 2021. Zambeef said it expects basic EPS to be down 113% in local currency and 112% in dollars, suggesting it expects to swing to loss in the half-year. Read More

IN BRIEF: Zambeef demand grows but rising prices add pressure

7th Jun 2023 08:59

Zambeef Products PLC - Lusaka, Zambia-based cold chain foods and retail business with operations in Zambia, Nigeria and Ghana - Says product demand has increased with volume growth across most categories during half year ended March 31, supported by price moderation strategy. Gross margins adversely impacted by lower than expected selling prices and higher input costs, including increased genset diesel costs in the first quarter of 2023. Cropping division was hurt by the price of soya beans decreasing 71%; this was exacerbated by reduced yields but partially offset by higher maize price. However the higher maize price put additional pressure on stock feed margins. Read More

UK shareholder meetings calendar - next 7 days

20th Dec 2022 15:49

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IN BRIEF: Zambeef's annual profit falls despite revenue rise

5th Dec 2022 16:56

Zambeef Products PLC - cold chain foods and retail business with operations in Zambia, Nigeria and Ghana - Reports pretax profit of ZMW55.1 million in the year ended September 30, or around GBP2.6 million. This represents a 68% decline against the ZMW172.0 million profit achieved the year prior. Zambeef books a goodwill impairment of ZMW141.8 million on the fair value of Zamchick Ltd, a chicken abattoir, in the year. Adjusting for this non-cash impairment, Zambeef's pretax profit rose to ZMW197 million. Annual revenue rises 8.5% to ZAR5.39 billion from ZMW4.97 billion. Read More

TRADING UPDATES: Field Systems widens interim loss due to Covid impact

1st Dec 2022 14:31

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News: Read More

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