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Amalgamated Regional Trading (Art) Holdings Limited (Zimbabwe)

Main Activities: Stationery Product Manufacturing | Sanitary Paper Product Manufacturing | Battery Manufacturing
Secondary Activities: Management of Companies and Enterprises
Full name: Amalgamated Regional Trading (Art) Holdings Limited Profile Updated: March 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

ART is the holding company of a manufacturing group of businesses in Zimbabwe with distribution operations in Malawi, Zambia, Zimbabwe and South Africa. Art Corporation was incorporated in 1912 and is one of the largest industrial companies in Zimbabwe involved in paper manufacturing, paper converting and distribution, pen manufacturing and lead-acid battery manufacturing and distribution, employing over 1,800 people. ART was incorporated as Beachmont Trading Limited in the British Virgin Islands in 1997 and changed its name to ART in 2001 by way of a special resolution of shareholders. On 30 September 2001, ART acquired TZI’s interests in its wholly owned subsidiaries Art Investments (Mauritius) Limited and Chloride Central Africa. A substantial amount of ART’s products are distributed to Zambia, Malawi and South Africa through its regional businesses of Regional Stationery and Battery Express. The Group has established trade links with Mozambique, Namibia and Botswana, and is making in-roads in Angola, the Democratic Republic of Congo and Kenya. Distribution businesses are operated in Malawi, Zambia, Zimbabwe and South Africa.

Headquarters
202 Seke Road, P.O. Box 2777, Graniteside
Harare; Harare; Postal Code: 3168

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Website: http://www.artcorp.co.zw

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1997
Key Executives
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Chairman
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
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Outside Director
Ownership Details
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7.26%
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4.65%
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3.95%
Subsidiaries
Chloride Ca Limited (United Kingdom)
100%
Art Corporation Limited
Chloride Zambia Limited (Zambia)
Company Performance
Financial values in the chart are available after Amalgamated Regional Trading (Art) Holdings Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ZWL. Absolute financial data is included in the purchased report.
Net sales revenue
642.66%
Total operating revenue
646.73%
Operating profit (EBIT)
581.78%
Net Profit (Loss) for the Period
360.48%
Total assets
759.61%
Total equity
696.2%
Operating Profit Margin (ROS)
-4.4%
Net Profit Margin
-15.85%
Return on Equity (ROE)
-11.77%
Debt to Equity Ratio
-1.98%
Quick Ratio
0.17%
Cash Ratio
-0.01%

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