African Sun Limited
ASUN
$0.0380
+0.0029 +8.26%
sector
hospitality
Overview
Description
hotel asset management company operating a portfolio of hotels and resorts in Zimbabwe
Market Cap
$56.03M
avg. turnover (90 day)
$2.07K
EBITDA
$9.68M
Board size
10
No. of employees
837
Founded
1968
CEO
Lawrence Ward
Financial year end
December 31
Listed
April 2023
External auditors
Grant Thornton Chartered Accountants (Zimbabwe)
Website
www.africansunhotels.comAddress
Bally House, Mount Pleasant Business Park, 870 Endeavour Crescent, Off Norfolk Road, Harare, Zimbabwe
daily price returns (90 day) - five no. summary
trade volume (90 day)
volume:
Income Statement
| US$ | 2023 | 2022 | YoY change |
| revenue | 54726234 | 42141611 | +30% |
| cost of sales | -15832160 | -11438111 | +38% |
| gross profit | 38894074 | 30703500 | +27% |
| operating expenses | -33338495 | -23364758 | +43% |
| operating profit | 5555579 | 7338742 | -24% |
| non-operating income/(expenses) | -1583959 | 1308895 | -220% |
| profit before interest & tax | 3971620 | 8647637 | -54% |
| interest expense | -1354429 | -455652 | +200% |
| tax expense | -2096146 | -591254 | +250% |
| net income from continuing operations | 521045 | 7600731 | -93% |
| loss from discountinued operations | -885634 | -605404 | +46% |
| net income | -364589 | 6995327 | -110% |