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Powerspeed in massive profit growth

HARARE – Powerspeed Electrical (Powerspeed) says its profit after tax surged 285 percent to $4,201 million during the year ended September 30, 2018 from $1,091 million reported during the previous comparable period due to an increase in volumes. Powerspeed’s chairperson Simba Makoni, said turnover for the year was up 53,2 percent to $82,5 million while gross…

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