Key highlights of FY2023 –TSVH GroupTV Sales & Home
- Year to date volumes increased by 4% up on comparative period
- Three new stores were opened during the financial year. However, two stores were closed in Harare as the business was given notice by the landlord.
- A first outdoor world, garden furniture store was opened in September 2023.
- TVSH managed to re-engage Samsung Electronics as a trade partner.
- The company managed to secure mobile phones as a regular product line into the TVSH line up.
- TVSH is opening 2 new bedtime stores in October 2023.
- The rate of growth for the debtors book slowed in 3rd quarter and levelled out in the fourth quarter.