Nampak reports $8,2 billion half year revenue

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Sales volumes were up across all sectors of the business except in the commercial sector.

NAMPAK Zimbabwe Limited has reported revenue for the half year ended March 31, 2022 at $8,2 billion which in hyper-inflationary terms was 30 percent ahead of the prior year period.

Sales volumes were up across all sectors of the business except in the commercial sector, however, margins came under pressure in order to remain competitive. This resulted in a decrease of four percent in trading profit to $1,3 billion.

The half year reflected an increase in volumes for the Group of 16 percent over the prior year, despite the COVID-19 restrictions that were in place throughout the period.

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