Zambeef Product (GB:ZAM) has released an update.
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Zambeef Products PLC reported a 21% increase in revenue to ZMW 7.3 billion for the fiscal year ending September 2024, despite economic challenges such as currency depreciation and inflation. The company’s focus on cost optimization and volume growth led to a 35% rise in operating profit in kwacha terms, although profits in USD terms slightly declined. With a diversified business model, Zambeef remains committed to delivering shareholder value and navigating potential market risks.
For further insights into GB:ZAM stock, check out TipRanks’ Stock Analysis page.
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