ZBFH profits tumble 31% despite growth in core earnings
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ZBFH reported a profit after tax of ZWG420 million. This represents a 31% decrease from the ZWG610 million earned during the same period last year. Revenue also dropped by 10%, falling to ZWG2.57 billion from ZWG2.86 billion. These losses occurred despite growth seen in core earnings.
The group’s profit after tax fell to ZWG420 million from ZWG610 million recorded during the comparable period last year, while revenue declined by 10% to ZWG2.57 billion from ZWG2.86 billion. The post ZBFH profits tumble 31% despite growth in core earnings appeared first on Newsday .