Business

Willdale posts ZWL$198,44bn half year loss

NewsDay Staff ·

Willdale posts ZWL$198,44bn half year loss

LISTED brick making firm, Willdale Limited, posted a loss of ZWL$198, 44 billion in its half year ended March 31, 2024, owing to exchange rate volatility, despite a growth in revenue.

The loss in the period under review is from a profit after tax of ZWL$4,13 billion over the comparative time frame last year.

“Revenue in inflation adjusted terms grew by 91% compared to the same period in the prior year .

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