NTS seeks to delist from ZSE

NATIONAL Tyre Services Limited (NTS) has announced plans to voluntarily delist from the Zimbabwe Stock Exchange (ZSE) after more than five decades, citing prolonged financial strain from economic instability, high operating costs and persistently low share trading activity.

The announcement comes on the heels of the firm posting a loss of ZiG121,19 million during its financial year ended March 31, 2025.

This was after the firm returned to profitability in the prior comparative period, posting a profit after tax of ZiG67,48 million from a loss-making position in its 2023 and 2022 annual timeframe.

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