NMBZ Holdings Ld: Interim Results | Company Announcements

Monday 03 September, 2007

NMBZ Holdings Ld

Interim Results

NMBZ Holdings Ld
03 September 2007



 
                              NMBZ HOLDINGS LIMITED
                               Holding company of
                                NMB Bank Limited
                          (Registered Commercial Bank)


                UNAUDITED INFLATION ADJUSTED AND HISTORICAL COST
                  RESULTS FOR THE HALF-YEAR ENDED 30 JUNE 2007



HIGHLIGHTS

                                                                   June                June
                                                                   2007                2006            %Change
Inflation Adjusted
Attributable profit/(loss) (Z$000's)                         24 737 856        (40 258 164)               +161
Basic earnings/(loss) per share (cents)                           1 565             (4 703)               +133
Total deposits (Z$ 000's)                                   577 390 823         678 566 996                -15
Shareholders' funds (Z$ 000's)                              263 505 318         149 603 222                +76

Historical
Attributable profit (Z$000's)                               145 692 668             391 920            +37 074
Basic earnings per share (cents)                                  9 218                  46            +19 939
Total deposits (Z$ 000's)                                   577 390 823           9 230 803             +6 155
Shareholders' funds (Z$ 000's)                              150 652 083             682 607            +21 970



Dr Gibson Manyowa Mandishona, the Chairman of NMBZ Holdings Limited, said:

'The Group's results for the six months ended 30 June 2007 reflect the impact of
the market liquidity conditions over the period under review.   Initiatives for
closing the gap created by the foreign currency fraud may result in a strategic
reconfiguration of the Group during the second half of the year'.


Paste the following link into your web browser to download the PDF document 
related to this announcement: 

http://www.rns-pdf.londonstockexchange.com/rns/1856d_-2007-9-3.pdf



Enquiries:

NMBZ HOLDINGS LIMITED                          Tel: +263-4-759 601/6
David T Hatendi, Chief Executive Officer       davidh@nmbz.co.zw
Benson Ndachena, Chief Financial Officer       bensonn@nmbz.co.zw
Website                                        http://www.nmbz.co.zw
Email                                          enquiries@nmbz.co.zw




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