Harare, 2020 (New Ziana) – Border Timbers posted a loss of $878 000 in the nine months period ending March 2020, down from a healthy $3.45 million profit in the same period last year. The company blamed Covid-19 for impacting sales in the just ended reporting period. But the Mutare based timber producer saw its […]
Harare,(New Ziana) – Forestry and saw milling company, Border Timbers said on Wednesday a combination of power outages and machine breakdowns hit on its production for the quarter ending September, 2019 which slumped to 17 986 cubic meters from 19 776 cubic meters during the comparable period last year. “Lumber production is lower compared to […]
Harare, (New Ziana) –Timber producing company, Border Timbers said on Tuesday it recorded a net loss before tax of ZWL$13 million for the year ended June 2019, further down from a loss of ZWL$341 000 in the comparable period last year as production and sales slowed down on the back of Cyclone Idai devastation and […]