Hwange sets focus on improving production, sales

JSE-listed Hwange Colliery Company has reported a gross profit of ZWL182-million for the year ended December 31, 2019, compared with a loss of ZWL3.3-million the year before. Its net loss, however, widened from ZWL78-million to ZWL91-million, owing to an exchange loss of ZWL322-million on legacy foreign creditors.