Business
Half-year Report
Half-year Report.
About this update from Zambeef Products Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6562B\n Zambeef Products PLC\n 11 June 2021\n \n \n \n \n \n \n \n Zambeef Products plc\n \n \n (\"Zambeef\" or the \"Group\")\n \n \n \n \n \n Interim results for the Half Year Ended 31 March 2021\n \n \n \n \n \n Zambeef (AIM: ZAM), the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana, today announces its results for the half-year ended 31 March 2021. \n \n \n \n \n \n Financial Highlights\n \n \n \n \n \n \n Figures in 000's\n \n \n \n \n \n \n \n 2021\n \n \n \n \n 2020\n \n \n \n \n %\n \n \n \n \n \n \n \n 2021\n \n \n \n \n 2020\n \n \n \n \n %\n \n \n \n \n \n \n \n \n \n \n \n \n ZMW\n \n \n \n \n ZMW\n \n \n \n \n \n \n \n USD\n \n \n \n \n USD\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 \n \n Revenue\n \n \n \n \n \n \n \n 2,150,473\n \n \n \n \n 1,797,633\n \n \n \n \n 20%\n \n \n \n \n \n \n \n 102,501\n \n \n \n \n 129,233\n \n \n \n \n -21%\n \n \n \n \n \n \n Cost of sales\n \n \n \n \n \n \n \n (1,411,049)\n \n \n \n \n (1,171,504)\n \n \n \n \n 20%\n \n \n \n \n \n \n \n (67,257)\n \n \n \n \n (84,220)\n \n \n \n \n -20%\n \n \n \n \n \n \n Gross profit\n \n \n \n \n \n \n \n 739,424\n \n \n \n \n 626,129\n \n \n \n \n 18%\n \n \n \n \n \n \n \n 35,244\n \n \n \n \n 45,013\n \n \n \n \n -22%\n \n \n \n \n \n \n Administrative expenses\n \n \n \n \n \n \n \n (584,654)\n \n \n \n \n (500,630)\n \n \n \n \n 17%\n \n \n \n \n \n \n \n (27,867)\n \n \n \n \n (35,991)\n \n \n \n \n -23%\n \n \n \n \n \n \n Operating profit\n \n \n \n \n \n \n \n 154,770\n \n \n \n \n 125,499\n \n \n \n \n 23%\n \n \n \n \n \n \n \n 7,377\n \n \n \n \n 9,022\n \n \n \n \n -18%\n \n \n \n \n \n \n Share of loss equity accounted investment\n \n \n \n \n \n \n \n (915)\n \n \n \n \n (1,898)\n \n \n \n \n -52%\n \n \n \n \n \n \n \n (44)\n \n \n \n \n (136)\n \n \n \n \n -68%\n \n \n \n \n \n \n Exchange losses \n \n \n \n \n \n \n \n (42,558)\n \n \n \n \n (62,870)\n \n \n \n \n -32%\n \n \n \n \n \n \n \n (2,029)\n \n \n \n \n (4,520)\n \n \n \n \n -55%\n \n \n \n \n \n \n Finance costs\n \n \n \n \n \n \n ...