trending Market Intelligence /marketintelligence/en/news-insights/trending/Pw4BmoaqVHNG6sAy37C8bA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

British American Tobacco (Zambia) H1 profit falls YOY


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

British American Tobacco (Zambia) H1 profit falls YOY

British American Tobacco (Zambia) PLC said its first-half normalized net income was 6 ngwee per share, a decrease of 41.0% from 10 ngwee per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 12.7 million kwachas, a decline of 20.5% from 16.0 million kwachas in the year-earlier period.

Total revenue declined year over year to 86.6 million kwachas from 90.7 million kwachas, and total operating expenses grew 12.0% from the prior-year period to 67.1 million kwachas from 59.9 million kwachas.

Reported net income fell 32.6% year over year to 11.3 million kwachas, or 5 ngwee per share, from 16.8 million kwachas, or 10 ngwee per share.

As of July 29, US$1 was equivalent to 10.30 Zambian kwachas.