National Tyre Services Limited (NTS) announced a profit-after-tax of ZWL$ 35.3 million in its Half-Year trading update to September 2020 on account of improved tyre production, exchange rate gains and cost containment efforts. The Company recorded a 17 percent increase in new tyre unit sales as
Zimbabwe's largest tyre and tube retailer, National Tyre Services Limited has not been spared by the recent inflationary pressures which has resulted in suppressed sales and erratic supply due to foreign currency shortages. According to the group chairperson James Moyo, the rise in inflation has affected their consumers' living standards
Zimbabwe Stock Exchange listed, National Tyre Services Limited sales and gross profit for the half year ended 31 March 2018 increased by 16% and 35% respectively. According to the group chairperson, James Moyo, profit before tax was $251,688, a 208% increase from the previous year’s loss. "Profit
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