Proplastics overturns loss in H1 on 12% increase in revenues
PLASTIC pipe manufacturer, Proplastics Limited (Proplastics) overturned its loss-making position to post a profit after tax of US$348 168 in its half-year period ended June 30, 2025
By Melody Chikono
Sep. 30, 2025
Proplastics bemoans export retention threshold
During the first quarter, the Reserve Bank of Zimbabwe (RBZ) raised its export retention threshold to 30% from 25%.
By Lee Musaidzi
May. 6, 2025
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Proplastics profit after tax jumps to US$1,2m
The rise in net profit comes despite a 3% drop in turnover to US$20,6 million from US$21,3 million in the prior year.
By Blessed Ndlovu
Apr. 9, 2025
Govt chips in to promote productivity
This comes as plastic pipe manufacturer Proplastics Limited yesterday raised concern over the company’s export performance.
By Tafadzwa Mhlanga
Jan. 30, 2025
Proplastics invests in solar energy
The country has been experiencing power outages which now extend to 16 hours a day, forcing businesses to rely heavily on expensive generators, further driving production costs
By Tafadzwa Mhlanga
Sep. 20, 2024
Proplastics profit trebles to US$520 000
In the comparative 2022 period, Proplastics posted a profit of US$164 482 with finance costs amounting to US$686 304 during the period.
By Tatira Zwinoira
Mar. 27, 2024
Proplastics charms regional market
The group's exports market includes countries like Zambia, Mozambique, the Democratic Republic of Congo, Malawi, and Botswana.
By Tafadzwa Mhlanga
Sep. 24, 2023
Proplastics dumps Zimdollar loans
Sebbon, however, said borrowing rates in Zimbabwe dollars had become unsustainable.
By Tatira Zwinoira
Jun. 9, 2023
Power cuts hamper Proplastics production
The group announced that it was working hard to ensure this risk is mitigated and the market does not suffer supply gaps.
By Tatira Zwinoira
May. 1, 2023
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