Powerspeed Electrical Limited 2022 Annual Report

Powerspeed Electrical Limited (PWS.zw) 2022 Annual Report

By Published On: February 2, 2023TYPE: Annual ReportsYear: 2022Period: Country: ZimbabweSector: Retail

Powerspeed Electrical Limited (PWS.zw) listed on the Zimbabwe OTC under the Retail sector has released it’s 2022 annual report.

For more information about Powerspeed Electrical Limited (PWS.zw) reports, abridged reports, interim earnings results and earnings presentations visit the Powerspeed Electrical Limited (PWS.zw) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Powerspeed Electrical Limited (PWS.zw) in the past 12 months, as of 1st December 2022, is US$192.94K (ZWL147.93M). An average of US$16.08K (ZWL12.33M) per month.

Powerspeed Electrical Limited 2022 annual report

Company Profile

IMPORTANT THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS HELD ON 14 DECEMBER 2020 RESOLVED TO DELIST FROM THE ZIMBABWE STOCK EXCHANGE. WITH EFFECT FROM 11 JANUARY 2021 POWERSPEED’S SHARES ARE NOW TRADED OVER-THE-COUNTER (OTC). READ MORE >> 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. Powerspeed Engineering is a subsidiary company involved in rewinding electric motors, supplying industrial fans and ducting for commercial and industrial applications, fabrication of non-standard steel products and structures, and commercial and industrial light fittings, heating elements, distribution boards and domestic irons. The engineering division is the amalgamation of three leading industrial engineering companies; Airflo, Relmo and ELS.