ZECO - Zeco Holdings Limited
Zeco Holdings is a Harare-based engineering company established in 2007. Through its subsidiaries, Zeco builds rail wagons and locomotives for utilities in Zambia, Tanzania, Mozambique, Ethiopia, and Kenya. The company also manufactures roller shutters, lift up garage doors, steel windows and door frames, burglar bars, and filling cabinets, as well as agricultural implements. In May 2008, Zeco acquired all the assets held by Corbett Holdings (Pty) Ltd and its operating subsidiaries, namely Electrical and Mechanical Suppliers and Importers Ltd, Halgor Estate, FaiT Lux, and Zimplastic Ltd. The company began trading on the Zimbabwe Stock Exchange in February 2008 after raising Z$20.2 million from a fully subscribed issue. The value of the capital, however, was severely eroded by the prevailing hyper inflationary conditions of the time. In the 2013 fiscal year, the company's revenue declined by 60 percent from $1.5 million to $600,000 resulting in the suspension of its listing status on the Exchange when it failed to publish its annual financial report.
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|Number of Deals:||0||Shares Outstanding:||463.34m|
ZECO Stock Market Performance
The last 10 trading days of activity of Zeco Holdings Limited (ZECO)
Profile of Zeco Holdings Limited
Zeco Holdings Limited operates in the Industrials sector. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
|Factsheet of Zeco Holdings Limited|
Box 2301, Harare
ZECO Industrial Market Competitors
Zeco Holdings Limited, issuers of the ZECO stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Industrials sector. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|TURN||Turnall Holdings Limited||7.10m||0.0144||+51.6%|
|ZIMW||Zimplow Holdings Limited||27.08m||0.1150||+47.1%|
|INN||Innscor Africa Limited||759.83m||1.3575||+35.8%|
|AXIA||Axia Corporation Limited||129.98m||0.2400||+33.3%|
|PPC||Pretoria Portland Cement Limited||50.71m||1.2800||+23.1%|
|PWS||Powerspeed Electrical Limited||29.94m||0.0800||+6.67%|
|CFI||CFI Holdings Limited||75.02m||0.7075||+0.00%|