Business
Interim Results
Interim Results.
About this update from Zambeef Products Plc
[{"type":"text","content":"\n\n26 June 2025\n \n\n \n \n \n \n \n \n \nZambeef Products plc\n(\"Zambeef\" or the \"Group\")\n \nInterim results for the half-year ended 31 March 2025\n \n \nZambeef (AIM: ZAM), the fully integrated cold chain food products (\"CCFP\") and retail business with operations in Zambia, Nigeria and Ghana, today announces its results for the half-year ended 31 March 2025. \n \n \nFinancial Highlights\n\n\n\n\nFigures in 000's\n\n\n \n\n\n2025\n\n\n2024\n\n\n%\n\n\n \n\n\n2025\n\n\n2024\n\n\n%\n\n\n\n\n \n\n\n \n\n\nZMW\n\n\nZMW\n\n\n \n\n\nUSD\n\n\nUSD\n\n\n\n\nRevenue\n\n\n \n\n\n3,840,668\n\n\n3,413,329\n\n\n12.5%\n\n\n \n\n\n139,661\n\n\n144,144\n\n\n-3.1%\n\n\n\n\nChange in fair value of biological assets\n\n\n\n\n\n876,122\n\n\n768,623\n\n\n14.0%\n\n\n\n\n\n31,859\n\n\n32,459\n\n\n-1.8%\n\n\n\n\nCost of sales\n\n\n \n\n\n(3,308,655)\n\n\n(3,066,356)\n\n\n7.5%\n\n\n \n\n\n(120,315)\n\n\n(129,491)\n\n\n-7.1%\n\n\n\n\nGross profit\n\n\n\n\n\n1,408,135\n\n\n1,115,596\n\n\n26.2%\n\n\n\n\n\n51,205\n\n\n47,111\n\n\n8.7%\n\n\n\n\nAdministrative expenses\n\n\n \n\n\n(976,336)\n\n\n(757,446)\n\n\n28.9%\n\n\n \n\n\n(35,503)\n\n\n(31,987)\n\n\n11.0%\n\n\n\n\nDistribution Expenses\n\n\n \n\n\n(155,168)\n\n\n(78,634)\n\n\n97.3%\n\n\n \n\n\n(5,642)\n\n\n(3,321)\n\n\n69.9%\n\n\n\n\nNet impairment losses on financial assets\n\n\n \n\n\n(2,136)\n\n\n(280)\n\n\n662.9%\n\n\n \n\n\n(78)\n\n\n(12)\n\n\n-\n\n\n\n\nOther income/(expenses)\n\n\n \n\n\n(26,751)\n\n\n(86,122)\n\n\n-68.9%\n\n\n \n\n\n(973)\n\n\n(3,637)\n\n\n-73.2%\n\n\n\n\nOperating profit\n\n\n \n\n\n247,744\n\n\n193,114\n\n\n28.3%\n\n\n \n\n\n9,009\n\n\n8,155\n\n\n10.5%\n\n\n\n\nShare of loss equity accounted investment\n\n\n\n\n\n-\n\n\n(17,000)\n\n\n-\n\n\n\n\n\n - \n\n\n(718)\n\n\n-100.0%\n\n\n\n\nFinance costs\n\n\n \n\n\n(195,305)\n\n\n(108,251)\n\n\n80.4%\n\n\n \n\n\n(7,102)\n\n\n(4,571)\n\n\n55.4%\n\n\n\n\nProfit before taxation\n\n\n \n\n\n52,439\n\n\n67,863\n\n\n-22.7%\n\n\n \n\n\n1,907\n\n\n2,866\n\n\n-33.5%\n\n\n\n\nTaxation charge\n\n\n \n\n\n(17,943)\n\n\n(7,263)\n\n\n147.0%\n\n\n \n\n\n(652)\n\n\n(3...