RBZ US$ surrender component affects Truworths

Listed clothing apparel Truworths' revenue was heavily affected by the Reserve Bank of Zimbabwe (RBZ)'s 20% surrender component which compels the local companies to remit a portion on all local US$ sa...

By Staff reporter | Published: 02 June 2022

MINING & RETAIL

Truworths swings back to profitability

TRUWORTHS Zimbabwe overturned its loss making position registering a profit after tax of $548 095 for the half year ended January 7, 2018 on the back of increased sales.In the comparative period ended...

By Staff reporter | Published: 13 March 2018

ANNOUNCEMENTS

TRUW.zw | Notice of Annual General Meeting

Notice is hereby given that the Sixtieth Annual General Meeting of Shareholders of Truworths Limited will be held in the Boardroom, Truworths Limited, Prospect Park, Stand 808, Seke Road, Harare on Th...

By TRUW | Published: 29 November 2017

LATEST PUBLISHED REPORTS

TRUW.zw | Abridged Audited Group Results for the Year Ended 09 July 2017

Financial Highlights:Revenue $ 14,860,212Gross profit $ 4,929,207Loss before tax ($ 2,380,828)Loss for the period ($ 1,783,850)Dividend per share NilTotal comprehensive loss for the period ($ 1,783,85...

By TRUW | Published: 06 October 2017

LATEST PUBLISHED REPORTS

TRUW.zw | Unaudited Financial Results HY17

Financial Highlights:- Revenue $ 7,787,294- Gross profit $ 2,487,113- Loss before tax ($ 1,317,578)- Loss for the period ($ 986,888)- Dividend Nil- Total comprehensive income for the period ($ 986,888...

By A | Published: 05 July 2017

ANNOUNCEMENTS

TRUW.zw | Notice of Annual General Meeting

Notice is hereby given that the Fifty-Ninth Annual General Meeting of Shareholders of Truworths Limited will be held in the Boardroom, Truworths Limited, Prospect Park, Stand 808 Seke Road, Harare on ...

By A | Published: 04 July 2017

LATEST PUBLISHED REPORTS

TRUW.zw | Audited Financial Results FY16

Financial Highlights:- Revenue $ 19 636 499- Gross profit $ 7 651 246- Retail trading loss $ (2 089 195)- Loss before tax $ (1 349 993)- Loss for the period $ (1 029 448)- Dividend Nil- Basic loss per...

By A | Published: 04 July 2017

INDUSTRIALS & ENERGY

Truworths' in-store card boosts sales

Truworths' in-store card which was launched in October 2013 has boosted the group's sales and contributed to cash generation, CE Themba Ndebele told an analysts briefing yesterday.Retail sales and gro...

By Staff reporter | Published: 05 March 2014

INDUSTRIALS & ENERGY

Truworths' 4 months revenue up 5.9%

Truworths Limited group CE Themba Ndebele told an AGM this morning recorded a 5.9% turnover growth for the four months ending October 13.Truworths launched a 36 months In-store Credit Card facility fo...

By Staff reporter | Published: 28 November 2013

LATEST PUBLISHED REPORTS

TRUW | Results for the year ended 07 July 2013

Details:- Date Announced: Tuesday 01 October 2013- Dividend declared for the period: 07 July 2013- Dividend Amount: 0.078 US cents per share- Dividend Record Date: 18 October 2013- Dividend Ex-Date: 2...

By TRUW | Published: 15 October 2013

LATEST PUBLISHED REPORTS

TRUW | Reviewed results for FY ended 07 Jul 13

Financial Highlights:- Revenue: $ 25 377 331- Gross profit: $ 12 430 194- Retail trading profit: $ 1 376 269- Profit before tax: $ 1 598 198- Profit for the period: $ 1 182 414- Dividend: 0.078 US cen...

By TRUW | Published: 01 October 2013

INDUSTRIALS & ENERGY

Truworths an improved set or financials

Retailer, Truworths published a significantly improved set of financials showing a 10% growth in revenue to $25.4m. The number of accounts increased by 8.2% over the comparative period to 76,500 accou...

By Business reporter | Published: 01 October 2013

BUSINESS NEWS

Credit bureau needed in Zimbabwe

TRUWORTHS Zimbabwe says the absence of a credit bureau in Zimbabwe was hampering efforts to reign-in bad debtors.Speaking at the presentation of the company's financial results for the interim period...

By Staff reporter | Published: 10 June 2013

MINING & RETAIL

Truworths improves net bad debt collection system

Truworths is projecting single digit growth in sales this year while collection of receivables has improved vastly after the company beefed up the debt collection team, group CEO Themba Ndebele to...

By Business reporter | Published: 10 June 2013
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