NTS sales volumes surge

NATIONAL Tyre Services (NTS) says its sales volumes were up by 162 percent during the quarter ended June 30, 2021, spurred by slowing inflation and Zimbabwe’s bumper harvest this year.

Advertisements

In a trading update this week, the company said volumes were also driven by stock availability and focused marketing initiatives.
“Notwithstanding the challenges of the Covid-19 pandemic there were notable improvements in the economy, which included good grain harvests and a drop in the consumer price index, for the fifth straight month to 106,6 percent in June 2021,” NT

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.

Related posts

ICT, consumer stocks drive markets growth

Diversification buoys CBZ’s lending portfolio

Delta Corporation to step up cost cuts

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More