RioZim Q1 revenue up 43%

ZIMBABWE Stock Exchange-listed mining concern RioZim Limited’s operating profit for the first quarter was up 117% to $390 million compared to a loss of $2,3 million on the back of improved revenue, the company has announced.

Report by Tarisai Mandizha

During the period under review, turnover increased by 43% to $22,655 million from $15,808 million last year despite facing an industrial action at the start of the year.

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