Data provided by iNet BFA
Loading...
See More

SABMiller firm hits $1bn Zim market cap

Oct 05 2012 14:01 Malcom Sharara, Fin24’s correspondent in Zimbabwe

Company Data

SABMILLER PLC [JSE:SAB]

Last traded 595.79
Change -2.22
% Change 0.00
Cumulative volume 1379277
Market cap 997.05bn

Last Updated: 30/07/2014 at 04:25. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

BAT bows to Zim indigenisation

Zim mayor faces probe over Old Mutual

Zim growth to slow down to 5%

Zimplats faces huge tax bill

Zim miners to face greater tax scrutiny

Bank urges caution on Zim lending

 
Harare - Zimbabwe’s beverages company Delta Corporation, owned 40% by SABMiller [JSE:SAB], became the first Zimbabwean company to reach $1bn market capitalisation at the Zimbabwe Stock Exchange.
 
In Friday trade the company picked up 0.48% to close at 83.5 US cents and take its market capitalisation to $1.004bn, a first for any Zimbabwean company.
 
In its last full-year results Delta Corporation posted a 38% rise in full-year earnings, driven by strong demand for alcoholic and non-alcoholic beverages.

Delta said basic earnings per share jumped to 6.22c on the back of a 19% increase in beverage volume sales. Lager beer sales reached 1.98 million hectolitres during the year, almost 100% of Delta’s capacity.

Revenue grew 36% to $555m, and profit after tax rose to $75.2m.
 
SABMiller started reporting Delta Corporation's results from April 1 2010.




*Follow Fin24 on TwitterFacebookGoogle+ and Pinterest
 
sabmiller  |  zimbabwe
NEXT ON FIN24X

Total posts profit fall

2014-07-30 12:45

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
7 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

Where can you stash your cash?

Fin24 user Tinashe Guramatunhu presents a review of the best way to invest a windfall or bonus.

 
 

Start saving...

Where can you stash your cash?
Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...