Business
Final Results
Final Results.
About this update from Zambeef Products Plc
[{"type":"text","content":"\n \nRNS Number : 0406I Zambeef Products PLC 21 November 2018 \n\n21 November 2018\n \n \n \nZambeef Products plc\n(\"Zambeef\" or the \"Group\")\nFull year results for the year ended 30 September 2018\n \nROBUST FIGURES AND STRONG MARGIN GROWTH AS GROUP EXECUTES ON STRATEGY\n \nZambeef (AIM: ZAM), the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana, today announces its audited results for the year ended 30 September 2018.\n \nFinancial Highlights \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n(Figures in 000's)\n\n\n \n\n\n2018\n\n\n2017\n\n\n%\n\n\n \n\n\n2018\n\n\n2017\n\n\n%\n\n\n\n\n \n\n\n \n\n\nUSD\n\n\nUSD\n\n\nChange\n\n\n \n\n\nZMW\n\n\nZMW\n\n\nChange\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nRevenue\n\n\n \n\n\n280,301\n\n\n255,796\n\n\n9.6%\n\n\n \n\n\n2,780,589\n\n\n2,435,182\n\n\n14.2%\n\n\n\n\nGross Profit\n\n\n \n\n\n96,689\n\n\n83,890\n\n\n15.3%\n\n\n \n\n\n959,159\n\n\n798,631\n\n\n20.1%\n\n\n\n\nAdmin Expenses\n\n\n \n\n\n(84,767)\n\n\n(74,788)\n\n\n(13.3%)\n\n\n \n\n\n(840,889)\n\n\n(711,978)\n\n\n(18.1%)\n\n\n\n\nOperating Profit\n\n\n \n\n\n11,922\n\n\n9,102\n\n\n31.0%\n\n\n \n\n\n118,270\n\n\n86,653\n\n\n36.5%\n\n\n\n\nFinance Costs\n\n\n \n\n\n(7,078)\n\n\n(9,234)\n\n\n23.3%\n\n\n \n\n\n(70,215)\n\n\n(87,904)\n\n\n20.1%\n\n\n\n\nExchange Gains/(Losses)\n\n\n \n\n\n(1,945)\n\n\n704\n\n\n(376.3%)\n\n\n \n\n\n(19,302)\n\n\n6,701\n\n\n(388.0%)\n\n\n\n\nProfit/(Loss) Before Tax\n\n\n \n\n\n2,899\n\n\n572\n\n\n406.8%\n\n\n \n\n\n28,753\n\n\n5,450\n\n\n427.6%\n\n\n\n\nTax\n\n\n \n\n\n(429)\n\n\n(110)\n\n\n(289.5%)\n\n\n \n\n\n(4,257)\n\n\n(1,049)\n\n\n(305.8%)\n\n\n\n\nProfit from Continuing Operations\n\n\n \n\n\n2,470\n\n\n462\n\n\n434.6%\n\n\n \n\n\n24,496\n\n\n4,401\n\n\n456.6%\n\n\n\n\nProfit/(Loss) from Discontinued Operations\n\n\n \n\n\n(1,337)\n\n\n(119)\n\n\n \nN/A\n\n\n \n\n\n(13,261)\n\n\n(1,133)\n\n\nN/A\n\n\n\n\nLoss from Investment in Zampalm\n\n\n \n\n\n(75)\n\n\n-\n\n\nN/A\n\n\n \n\n\n(742)\n\n\n-\n\n\nN/A\n\n\n\n\n...