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Dairibord of Zimbabwe Says Annual Profit Rises 15%

Dairibord Holdings Ltd., a Zimbabwean dairy company, said annual profit rose 15 percent.

Net income in the year ended Dec. 31 rose to $7.1 million from $6.2 million the year earlier, Group Chief Executive Officer Anthony Mandiwanza said at a presentation in Harare, the capital, today. Revenue rose 28 percent to $95.9 million and is forecast to jump a further 23 percent this year, said Mandiwanza.

The company declared a dividend of 0.44 of a cent, he said.

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