INDUSTRIALS & ENERGY

Powerspeed expansion drive paying off

Profit for hardware retail chain Powerspeed Electrical Limited, for the half year to March 31, 2018 surged 252 percent to $2 million on product range expansion and availability. Turnover jumped 55 per...

By Staff reporter | Published: 12 June 2018
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INDUSTRIALS & ENERGY

'Powerspeed on a growth trajectory'

ZIMBABWE stock exchange-listed electrical goods manufacturer and retailer, Powerspeed Electrical, has failed to declare a dividend to shareholders since 2003. The company's chief executive officer Hil...

By Staff reporter | Published: 20 July 2017
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INDUSTRIALS & ENERGY

Powerspeed revenue up

POWERSPEED Electrical Ltd's turnover for the four months to January is ahead on the same period last year while trading is in line with expectations although operating circumstances are difficult for ...

By the herald | Published: 18 February 2015
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INDUSTRIALS & ENERGY

Powerspeed records 9% growth

A SHIFT towards retail trading paid off for Powerspeed Electrical with the company recording a nine percent growth in turnover for the six months ended March 2014.Turnover for Powerspeed Electrical fo...

By Staff reporter | Published: 16 June 2014
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TELECOMS & TECHNOLOGY

Powerspeed's turnover up 9%

Powerspeed's turnover in the four months to January was up 9 percent against the same period last year. Gross profit was up 19 percent but there was a 4 percent increase in expenses due to the branch ...

By Staff reporter | Published: 27 February 2014
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INDUSTRIALS & ENERGY

Powerspeed confident of the future

Powerspeed Electrical Managing Director Hilton Macklin told an analysts briefing yesterday that the Group has transformed itself into a supplier of general hardware and is already seeing benefits of t...

By Staff reporter | Published: 13 December 2013
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LATEST PUBLISHED REPORTS

Powerspeed | 2013 interim report

The six months ended 31 March 2013 continued to be very difficult mostly as a result of a depressed market.The effect was most pronounced in our formal sector commercial clients, where we are finding ...

By Powerspeed | Published: 24 July 2013
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TELECOMS & TECHNOLOGY

Powerspeed revenue rise by 12.5%

ELECTRICAL products manufacturer Powerspeed's revenue for the half year period to March 31, 2013 rose 12,5 percent to help the Zimbabwe Stock Exchange-listed group to a marginal profit.Revenue in the...

By Business reporter | Published: 03 July 2013
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INDUSTRIALS & ENERGY

Powerspeed slows down sales to non-retail customers

Powerspeed has slowed down their sales to non-retail customers because of slow payments and the company now eyes further retail expansion, MD Hilton Macklin told the AGM this morning. "The pr...

By Business reporter | Published: 10 June 2013
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TELECOMS & TECHNOLOGY

Powerspeed building its business around retailing, says MD

Powerspeed has been building its business around retailing, through the Electrosales brand, as the operating environment has been difficult for manufacturing, MD Hilton Macklin told an analyst brie...

By Staff Reporter | Published: 10 June 2013
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