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OTC Trading Update

150.00

0.00

0.00%

0.00 / 0.00 (Bid / Ask)

– (Volume)

Best Bid & Ask.
Last trade: Tuesday, January 21, 2025
Trades are in US$

Performance Highlights

FY 2024

The group generated a profit of $4.3m, from a turnover of $128m, however, the focus remained the growth of shareholder​ equity, which closed the year just short of $50m.

Powerspeed, FY2024 Revenue: +0.52%
Powerspeed, FY2024 Profit Before Taxation: +9.09%
Powerspeed, FY2024 Diluted EPS: +12.62%

Our ability to source products from the best global suppliers allows us to deliver exceptional quality and competitive​ pricing to our customers. We continue to rely on this strategy to increase our market share, even in an environment​ heavily biased towards informal businesses.

V.R. Gapare​, Chairman

Powerspeed Electricals Investor Relations

Powerspeed Electrical Limited

Powerspeed Electrical is a leading supplier of electrical, hardware, building and home improvement products and services; trading through its own chain of hardware retail outlets known as Electrosales Hardware. The company supplies electrical products and solutions to the painting, plumbing, electrical, building, hand and power tools, outdoor and gardening, and automotive industries in Zimbabwe.

Important

Powerspeed Electrical de-listed from the Zimbabwe Stock Exchange on 18 December 2020. With effect from 11 January 2021, our shares are traded over-the-counter (OTC). Shareholders are notified of a company share buyback scheme and OTC share trading guidelines, which are operational.

Company Information

Registered Name Powerspeed Electrical Limited (PWS.zw)
ISIN -
Ticker Code PWS.zw
Sector Retail
Stock Exchange Zimbabwe OTC
Chairman Victor Gapare
Managing Director Hilton Macklin
Company Secretary Martin Gurira
Transfer Secretary First Transfer Secretaries (Pvt) Ltd (zw)
Year End September
Year Founded 2000
Year Listed 2021
Website https://powerspeed-ir.com

3 Reasons to Consider Investing in Powerspeed Electrical Limited

Brand Leader

A leading brand for the retail and wholesale supply of all types of hardware and home improvement products through Electrosales Hardware

Market Footprint

Through exploiting identified opportunities, we are poised for increasing our footprint in the market, thereby improving our market share

Delivering Value

With a long history which began in the 1970’s, Powerspeed Electrical understands the market so well, delivering real value to shareholders

Our Share Price in Action