Africa-Press – Zimbabwe. MASIMBA Holdings Limited anticipates sustaining profitability and growth momentum into 2026, supported by increased demand in the mining sector and ongoing government infrastructure projects.
This follows a solid third-quarter performance marked by what the firm described as improved liquidity and a rebound in revenue, reflecting the company’s resilience and sound financial discipline.
“We expect to sustain profitability and maintain our growth trajectory into 2026, supported by mining sector expansion and government infrastructure investment,” the group said in a trading update for the third quarter ended September 30, 2025.
Revenue rose 16% to US$16,6 million from the comparable period last year. Masimba said the revenue growth reflected “intensified revenue generation efforts following a subdued first quarter”. “Net profit after tax closed the quarter at US$5,7 million, which is 7% below the prior year, but shows a notable recovery from the 20% shortfall reported at the half year,” the group said.
The growth was attributed to intensified revenue-generation efforts following a weather-affected first quarter.
The group said year-to-date, revenue recovered to match prior-year levels, while net profit after tax stood at US$5,7 million — 7% below last year but a notable recovery from the 20% shortfall reported at half-year.
Masimba said the operating environment remained relatively stable, supported by tight monetary policy and a slowdown in month-on-month inflation, which averaged 1,4% for the year-to-date period.
As the Zimbabwe Gold (ZiG) exchange rate depreciated by 3,3% between December 2024 and September 2025, reinforcing macroeconomic stability, Masimba said it remained proactive in managing working capital to sustain operational efficiency and financial stability, despite constrained market liquidity caused by limited ZiG availability.
Masimba said liquidity improved during the quarter, with the current ratio strengthening to 1,37 from 1,23 in the prior year, underpinned by disciplined capital management and a more balanced revenue mix across customer segments.
The firm said its order book also remained strong, with continued diversification, positioning the company for sustained growth.
“Our order book remains strong and continues to diversify, with an improved balance between public and private sector projects,” the group said.
In the outlook, Masimba expects a stable macroeconomic environment through year-end, with Zimbabwe’s GDP growth projected at 6,5% on the back of mining recovery.
The group said it will continue focusing on operational excellence and financial discipline to preserve profitability and shareholder value.
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