Mashonaland Holdings Limited reports a 72% increase in profit after tax for H1 2024, with revenue up 15% and rental income at $2.7M.

Mashonaland Holdings Limited, a property investment firm listed on the Zimbabwe Stock Exchange, reported a profit after tax of $2.4 million for the first half of 2024, a 72% increase from 2023. The company’s revenue rose 15% to $3.6 million, with rental income reaching $2.7 million. Despite economic challenges, Masholds focuses on diversifying its portfolio and advancing ongoing projects, including the Pomona Commercial Centre, slated for completion in late 2024.

September 13, 2024
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