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*Econet's annual profit goes down by 10 percent* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?vp Zimbabwe Stock Exchange blue chip counter Econet released its financial results today. The company’s profit declined by 10 percent to $36,2 million from the previous year when it was $40, 2 million. Revenue also decreased from $641 million to $622 million in the same period. EBITDA, earnings before interest, taxes, depreciation and amortisation also declined 6.4%. to $224 million from US$238.4 million. CEO Doug Mboweni commented: ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- > Going into the future we remain cognisant of the fact that our success hinges on meeting and exceeding our customers’ needs. Leveraging on our solid infrastructure we will continue to be innovative in order to respond proactively to environmental changes and take advantage of technological developments, especially in the areas of content, media and financial technology (Fintech) More: Tech Zim itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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