The Motley Fool yakavambwa nehama Tom naDavid Gardner muna 1993. Kuburikidza newebhusaiti yedu, mapodcasts, mabhuku, makolamu emapepanhau, zvirongwa zveredhiyo uye mabasa ekudyara emhando yepamusoro, tinobatsira mamirioni avanhu kuwana rusununguko rwemari.
Titambire uye ndinokutendai nerutsigiro rwenyu. Panguva ino, vese vatori vechikamu vari mukuteerera-chete modhi kusvika nhasi Q&A chikamu. [Operator Mirayiridzo] Ndinoda kuzivisa mapato ese kuti musangano wanhasi uri kurekodhwa. Kana uine zvipikiso zvipi zvazvo, unokwanisa kubvisa panguva ino.
Mangwanani mose. Ndatenda nekutora chikamu mukota yechina uye kupera-kwe-fiscal 2021 musangano wekufona weMueller Aquatic Products. Nezuro masikati, takaburitsa pepanhau rekuzivisa zvabuda mukushanda kwedu kwekota inopera Gunyana 30, 2021. Ikopi yenhaurwa yenhau inogona kuwanikwa pawebhusaiti yedu www.muellerwaterproducts.com.
Scott Hall, Mutungamiriri wedu uye Chief Executive Officer; Mukuru wedu Wezvemari Martie Zakas achakurukura yedu yechina uye yakazara gore mhedzisiro, kupera kwemisika, uye zvinotarisirwa zvegore regore ra2022.
Nhare dzemangwanani ano dziri kurekodhwa uye padandemutande rinobuda paIndaneti. Isu takaburitsawo masiraidhi pawebhusaiti yedu kuperekedza nhaurirano yanhasi uye kugadzirisa zvirevo zvekumberi uye yedu isiri-GAAP yekuburitsa zvinodiwa.
Muchiitiko ichi, ndapota tarisa kune siraidhi 2. Siraidhi iyi inoratidza mametric emari asiri eGAAP anodudzwa mukuburitswa kwenhau, masiraidhi, uye kufona kwemusangano uyu, uye inoburitsa pachena kuti sei tichitenda mametric aya anopa ruzivo runobatsira kune vanoisa mari. Kuyanana pakati peasiri-GAAP neGAAP matanho emari anosanganisirwa mukuburitswa kwenhau uye ruzivo rwekuwedzera pane yedu webhusaiti.
Slide 3 inopa zvirevo zvinotarisa kumberi zvakaitwa panguva yekufona kwemusangano. Siraidhi iyi ine yambiro inozivisa zvinhu zvakakosha zvinogona kuita kuti mibairo chaiyo isiyane nezviri muzvirevo zvinotarisisa mberi. Ndokumbira uongorore masiraidhi 2 uye 3 zvizere.
Mukufona kwemusangano uyu, kunze kwekunge zvataurwa neimwe nzira, zvese zvinongedzo nezverimwe gore kana kota zvinoreva gore redu rezvemari, iro rinopera musi wa30 Gunyana.
Fonera 1-800-834-5839 kuti udzokorore kufona kwemusangano mangwanani ano mukati memazuva makumi matatu. Iyo yakachengetwa webcast uye masiraidhi anowirirana achave aripo muchikamu chehukama hwema investor webhusaiti yedu kwemazuva angangoita makumi mapfumbamwe.
Ndatenda, Whit. Ndinokutendai nekubatana nesu nhasi. Ndinovimba munhu wese anonzwa kudanwa kwedu acharamba akachengetedzeka uye aine hutano. Chikamu chechina chakapera gore rakasimba zvinosiririsa, uye kunyangwe denda ririkuenderera mberi nemamwe matambudziko, takazadzisa chinangwa ichi. Pamusoro pedenda iri, takatarisana nezvipingamupinyi zvakawanda mugore rapfuura, zvinosanganisira kuwedzera kwakanyanya kwezvinhu zvakabikwa nezvimwe zvinodhura, kuvhiringwa kweketani uye matambudziko ekupa vashandi, izvo zvakanganisa mashandiro edu nekuita kwedu muchikamu chechina.
Ndinoda kutenda nhengo dzedu dzese dzechikwata nekutsungirira uye kuzvipira kwavo mugore rapfuura sezvavanoramba vachiita munzvimbo ino isati yamboitika.
Yedu yakasanganiswa yekutengesa mambure kwekota yechina yakawedzera ne11.4% uye kwegore rakazara yakawedzera ne15.2%. Mushure mekukura kwekutengesa kwerekodhi muchikamu chechitatu, takaona kuenderera mberi kwakasimba muchikamu chechina, tichisundwa nekuvaka kutsva kwekugara uye kugadzirisa kwemaguta uye kutsiva mabasa. Kuenzaniswa nemazinga e-pre-denda, maodha mukota yechina achiri akakwira, uye kuseri kwedu kwezvigadzirwa zvezvivakwa mukupera kwegore kwakakwira rekodhi.
Kunyangwe yedu yakagadziridzwa EBITDA ichidzikira mukota yechina yainyanya kukonzerwa nemamiriro ekushanda akaoma, isu tichiri kuwana 6.8% kukura gore rino. Kunyangwe takawana kuvandudzwa kwemitengo yezvinhu zvakawanda mukati mekota iyi, izvi hazvina kukwana kumisa kukwira kwemitengo. Isu tinotarisira kuti zviito zvedu zvemitengo zvazvino zvichapfuura inflation inotarisirwa muna 2022, tichifunga kuti mutengo wezvinhu haupfuure mazinga aripo.
Uye zvakare, mukati mekota, yedu yakakosha valve chigadzirwa portfolio yakawana nguva dzekutakura zvikamu, kunonoka kutumirwa, uye kurongeka kwedu kwefekitori kuri kuenderera kwakakanganiswa nekukanganiswa kweketani uye matambudziko evashandi. Ndiri kunyanya kugutsikana nekubuda kwemari gore rino. Takaita $94 miriyoni mukuyerera kwemahara kwemari. Mushure mekutora i2O Mvura yeUS$19.7 miriyoni uye kugovera US$44.8 miriyoni kune vane mashareholders, chinzvimbo chedu chemari mukupera kwegore chakasimba kupfuura gore rapfuura.
Takatenga zvakare madhora gumi emamiriyoni ezvakajairwa mukota yechina uye nguva pfupi yadarika yakazivisa kuwedzera kwechikamu che5.5%. Zvose mune zvose, kunyange kuvhara kwedu gore rino kwaiodza mwoyo kubva pamaonero ekushandura margins, takawana kukura kwakasimba kwemari uye tinoramba tichitarisa kukunda matambudziko ekushanda.
Isu tinotenda kuti rekodhi yedu kumashure kwezvigadzirwa zvenguva pfupi, pamwe chete netarisiro yekuzadzikiswa kwemitengo yepamusoro, zvichatigonesa kuwana mambure ekutengesa uye kugadzirisa EBITDA kukura muna 2022. Pamusoro pezvo, mapurojekiti edu makuru matatu emari ave kuda kupera, uye kana vangosimuka uye vachimhanya, isu tinotarisira kutyaira purofiti yakawanda.
Ini ndinotenda kuti isu patinova yepasi rose-yemhando yemvura tekinoroji kambani inopa mhinduro kune dzakakosha zvivakwa zvemvura, tiri munzvimbo yakanaka yekumhanyisa zano redu nekuvandudza tsika yedu yekuuraya.
Neizvi, ndichaendesa kufona kuna Marty kuti tikurukure kota yedu yechina uye gore rakazara kuita kwa2021.
Ndatenda, Scott, mangwanani akanaka mose. Ndinovimba iwe nemhuri yako mucharamba makachengeteka uye muine hutano. Ini ndichatanga neyedu yakabatanidzwa GAAP uye isiri-GAAP mibairo yemari yekota yechina ya2021, tozoongorora maitiro edu edhipatimendi, uye pakupedzisira tokurukura mafambiro edu emari uye liquidity.
Muchikamu chechina, kutengesa kwedu kwakabatanidzwa kwaive US$295.6 miriyoni, kuwedzera kweUS$30.3 miriyoni kana 11.4% zvichienzaniswa nekota yechina yegore rapfuura. Kuwedzera uku kwakakonzerwa zvakanyanya nekuwedzera kwekutakura uye kukwira kwemitengo yezvivakwa. Kuenzaniswa nekota yechina ya2019 denda risati rasvika, kutengesa kwedu kwakabatanidzwa kwakawedzera ne10.8%, zvichiratidza kuvandudzwa kwekuda kwemusika.
Tichienzanisa nechikamu chechina chegore rapfuura, purofiti yedu yekota iyi yakadzikira neUS$7.6 miriyoni, kana kuti 8.1%, kusvika paUS$86.3 miriyoni, paine purofiti inosvika 29.2%. Mubairo wakakura wakadzikira nemazana matanhatu nemakumi maviri kubva pagore rapfuura. Kukwira kwemitengo yezvivakwa uye kuwedzera kwekutakura kwakagadziriswa nekukwira kwemitengo uye kusafadzika kwekuita kwekugadzira, kusanganisira matambudziko evashandi, kukanganiswa kweketani uye kukanganisa kwekugadzirisa fekitori yedu.
Mari yedu yese yemidziyo yakawedzera ne18% gore-pa-gore mukota ino, kunyanya nekuda kwekuwedzera kwezvinhu zvakabikwa, uye mutengo wezvigadzirwa wakawedzera mwedzi-pamwedzi uye gore-pagore. Zvinhu zvedu zvakasvibirira zvakasara simbi uye ingots yendarira, iyo mitengo yakawedzera neanopfuura 50% gore negore.
Kunyangwe mitengo yedu yakagadziridzwa kubva kukota yapfuura, hukama hwedu hwemutengo / mutengo hwave husina kunaka kwekota yechitatu inoteedzana. Tichifunga nezvekukwidziridzwa kwemitengo yezvinhu kota ino, hukama hwemutengo/mutengo hauna kuita sezvaitarisirwa nekuda kwekukwira kwemitengo. Scott achakurukura zvakadzama pamusoro pevatyairi vekudzikira kwegirosi muchero zvichienzaniswa nezvakatarisirwa gare gare mukufona kwemusangano.
Kutengeswa, kubhadharisa kwese uye kwekutonga kwekota yaive US$56.6 miriyoni, kuwedzera kweUS$4.5 miriyoni kupfuura gore rapfuura. Chikonzero chikuru chekuwedzera uku kwaive kudyara, kusanganisira kutora kweI2O Mvura, zviitiko zvine chekuita neIT uye mitengo ine chekuita nevashandi, uye kudzoreredzwa kwekuchengetedza kwenguva pfupi kweT&E zvine chekuita nedenda uye inflation. Chikamu cheSG&A chekutengesa mambure mukota yechina chaive 19.1%, zvichienzaniswa ne19.6% munguva imwe cheteyo gore rapfuura.
Mari yekushanda yekota yechina yaive US$27.8 miriyoni, kudzikira kweUS$12.9 miriyoni, kana 31.7%, zvichienzaniswa neUS$40.7 miriyoni panguva imwe cheteyo gore rapfuura. Mari yekushanda kwekota iyi yaisanganisira kugadziridzwa kwehunyanzvi uye zvimwe zvinodhura zveUS $ 1.9 miriyoni, zvine chekuita nekugadzirisa fekitori kwatakazivisa kare.
Ikozvino kutendeukira kune yedu yakasanganiswa isiri-GAAP mhinduro. Mari yekushanda yakagadziridzwa yaive US$29.7 miriyoni, kudzikira kweUS$12.1 miriyoni kana 28.9% zvichienzaniswa neUS$41.8 miriyoni panguva imwe cheteyo gore rapfuura. Kukwirisa inflation, kuita kusingafadzi kwekugadzira, uye yakakwirira SG&A inodhura inobvisa mitengo yakakwira uye kuwedzera kwehuwandu hwezvivakwa.
Iyo yakagadziridzwa EBITDA yaive US$45.6 miriyoni, kudzikira kweUS$12 miriyoni kana 20.8%. Iyo yakagadziridzwa EBITDA margin yaive 15.4%, 630 hwaro hwemapoinzi hwakaderera kupfuura gore rapfuura. Kwegore rakazara ra2021, yedu yakagadziridzwa EBITDA yaive US $203.6 miriyoni, kuwedzera kwe6.8%, uye yakagadziridzwa EBITDA margin yaive 18.4%.
Mari yemubereko muchikamu chechina cha2021 yakakwira kusvika kuUS $ 4.4 miriyoni kubva kuUS $ 6 miriyoni panguva imwecheteyo gore rapfuura. Kudzikira kwemari yemubereko mukota yakanyanyokonzerwa nekudzikira kwemari yemubereko nekuda kwekubhadhara kwataita 5.5% yemanotsi epamusoro uye 4% yezvinyorwa zvepamusoro.
Mutero unoshanda wekota waive 24.3%, zvichienzaniswa ne24.8% gore rapfuura. Kwegore rose, mutero wedu unoshanda waive 25.8%, zvichienzaniswa ne23.5% mugore rapfuura. Chikamu chino, mari yedu yakagadziridzwa pagova imwe neimwe yaive madhora 0.12, zvichienzaniswa nemadhora 0.17 munguva imwe cheteyo gore rapfuura.
Iye zvino tendeukira kukuita kwezvikamu, kutanga nezvivakwa. Infrastructure mambure ekutengesa aiva US$271.9 miriyoni, kuwedzera kweUS$29.9 miriyoni kana 12.4% pamusoro pegore rapfuura, zvikuru nekuda kwekuwedzera kwekutakura zvinhu, kunyanya yedu mahydrants emoto, mavharuvhu egedhi resimbi, ndarira yebasa uye zvigadzirwa zvekugadzirisa uye mitengo yakakwira.
Yakagadziridzwa mari yekushandisa yaive US$46.2 miriyoni, kudzikira kweUS$10.6 miriyoni kana 18.7% kota ino, nekuda kwekukwira kwemitengo, kusaita zvakanaka kwekugadzira uye kuwedzera kushandiswa kweSG&A kwakangoderedzwa nemitengo yepamusoro uye kuwedzera kwekutengesa. Iyo EBITDA yakagadziridzwa yaive US$59.3 miriyoni, kudzikira kweUS$10.3 miriyoni, kana 14.8%, uye yakagadziridzwa EBITDA margin yaive 21.8%. Iyo yakagadziridzwa EBITDA margin yegore yaive 25.2%.
Tendeukira kune tekinoroji. Technologies 'net sales yaive US$23.7 miriyoni, kuwedzera kwe1.7% pamusoro pegore rapfuura, zvakanyanya nekuda kwekutora kwedu i2O Mvura. Organic net kutengesa kwakadzikira zvishoma zvichienzaniswa negore rapfuura, sezvo mitengo yakakwira yakaderedzwa nekutengesa kwakaderera. Kurasikirwa kwekushanda kwakagadziriswa kwaiva US $ 4.3 mamiriyoni, asi yakagadziriswa kurasikirwa kwegore rapfuura yaiva US $ 2.3 mamiriyoni. Kuwedzera uku kwainyanya kukonzerwa nekuita kusingafadzi, kusanganisira kugadziridzwa kwezvinhu, kuwedzera mari ine chekuita nekutora kwedu i2O Mvura, uye kukwira kwemitengo, asi kwakaderedzwa zvishoma nekuwedzera kwemitengo. Iko kurasikirwa kwehunyanzvi kwakagadziridzwa EBITDA yaive US $ 2.4 miriyoni, nepo yakagadziriswa EBITDA kurasikirwa kwegore rapfuura yaive US $ 200,000.
Ramba uchitaura nezvekuyerera kwemari. Kwegore rakapera Gunyana 30, 2021, mari yese yakapihwa nemabasa ekushanda yakawedzera neUSD 16.4 miriyoni kusvika kuUSD 156.7 miriyoni, zvakanyanya nekuda kweUSD 22 miriyoni mutero wakabhadharwa naWalter Energy gore rapfuura. Kubva munaGunyana 30, 2021, mari yedu yekushanda yakadzikira neUS$11.3 miriyoni kusvika US$207.1 miriyoni. Kuwanda kwemari yebasa rekutengesa kune mambure ekutengesa yakawedzera kubva pa22.7% kusvika ku18.6%, kunyanya nekuda kwekuwedzera kwekutsvaga kwekutsvaga.
Takadyara madhora miriyoni gumi nematanhatu mukushandiswa kwemari muchikamu chechina, tichiwedzera mashandisiro atinoita gore-kusvika-zvino kubva pamadhora mazana matanhatu nemakumi matanhatu nenomwe gore rapfuura kusvika pamadhora mazana matanhatu nemakumi matanhatu nenomwe. Kudzikira kwekushandiswa kwemari gore rino kuri pazasi pegwara redu rakagadziridzwa, zvakanyanya nekuda kwekudzikira kwemamwe mashandisirwo akarongwa nekuda kwekukanganiswa kwezvinhu, kusanganisira mashandisirwo ezvirongwa zvedu zvakakura.
Kubuda kwemari kwemahara kwegore kwakawedzera neUS$21.4 miriyoni kusvika kuUS$94 miriyoni, kudarika mari yakagadziridzwa. Kubva munaGunyana 30, 2021, chikwereti chedu chaive US$446.9 miriyoni, uye mari nemari yaive US$227.5 miriyoni.
Pakupera kwekota yechina, chikwereti chedu chekuwedzera kwechikwereti chakawedzera kubva pa1.3 nguva pakupera kwegore rapfuura kusvika 1.1 nguva. Takanga tisina kukwereta pasi pechibvumirano cheABL mukupera kwegore, uye hatina kukwereta mari pasi peABL yedu mukati megore. Sechiyeuchidzo, parizvino hatina chikwereti chakafanira June 2029 asati asvika.
Manotsi edu ekutanga 4% haana kondirakiti yekuchengetedza mari, uye kunze kwekunge tapfuura chidimbu chekuwanikwa, chibvumirano chedu cheABL hachisi pasi pechibvumirano chekugadzirisa mari. Zvinoenderana nedata raGunyana 30, 2021, maererano nechibvumirano cheABL, tine mari inosvika US$158.7 miriyoni mukuwanikwa kwakanyanya, izvo zvinounza mari yedu yese kuUS $386.2 miriyoni.
Muchidimbu, isu tinoramba tiine yakasimba uye inochinjika bhari pepa, pamwe nemari yakakwana uye kugona kutsigira mikana yedu yekugovera mari. Scott, dzoka kwauri.
Ndatenda, Marty. Ini ndichataura nezve yedu yechina mhedzisiro mhedzisiro, nyowani manejimendi chimiro, misika yekupedzisira uye yakazara-gore 2022 kutungamira. Mushure meizvozvo, isu tichavhura foni kuti tibvunze mibvunzo.
Sezvambotaurwa, pakanga paine matambudziko akati wandei mukota akakanganisa purofiti yedu yakakura uye zvakakonzera kuodza mwoyo kushandurwa kweEBITDA, iyo yaive yakaderera pane zvataitarisira. Mukaha wepakati unosvika US$15 miriyoni, uye matambudziko evashandi anodarika chikamu chimwe muzvitatu chegap. Kukwira kwemitengo kwakakwira, kutakura zvinhu uye mutengo wemagetsi zvakabatanidzwa zvakare zvakaverengera chinopfuura chikamu chimwe muzvitatu chegap.
Pakati pezvimwe zvinhu, matambudziko ekushanda kweakasarudzika mavharuvhu chigadzirwa portfolio uye zvisingafadzi zvigadziriso zveositi zvakave nemhedzisiro yakakura. Zvinetso zvevashandi zvakakonzera kuwedzera kwemitengo ine chekuita nenguva yakawandisa, mabhenefiti, uye kushanda nesimba. Isu tinopa mimwe mibairo yekuita kune nhengo dzechikwata chefekitori kuti vaone kushanda kwavo nesimba uye kuzvipira munzvimbo ino yakaoma yekushanda.
Pamusoro pezvo, kunyangwe nekufambira mberi mukudzivirira, denda iri rinoramba richiunza matambudziko evashandi kwatiri. Chikwata chedu chiri kushanda padhuze kuti chienderere mberi nekuvandudza hukama hwedu nevashandi uye kusimbisa nhamburiko dzedu mukutsvaga, kudzidzisa uye kuchengetedza. Raw material inflation yakaramba ichinetsa muchikamu chino. Takaona kumwe kuwedzera kunotevedzana kwekukwira kwemitengo yezvinhu, zvichikonzera kuti zvirahwe zvesimbi nendarira ingot mitengo ichikwira neinopfuura 50% kupfuura gore rapfuura.
Raw zvinhu mitengo haizotanga kukurumidza kusvika chikamu chechipiri che2021. Naizvozvo, isu tinotarisira kuti kana mitengo ikasaramba ichikwira, kuwedzera kwemitengo yezvinhu muhafu yekutanga yegore kuchava nemhedzisiro yakakura.
Munguva yakapfuura, takabudirira kuita kukwira kwemitengo sezvinodiwa kudzorera mutengo wekukwira kwemitengo panguva yekutenderera. Zviito zvedu zvemitengo mugore rapfuura, kusanganisira kukwira kwemitengo yemahara kune mitsetse yakawanda yezvigadzirwa, zviri kubatsira kudzikamisa inflation, sezvo tichiona kuwedzera kwakakosha kwemitengo muchikamu chechina. Nehurombo, iyo rekodhi rekodhi iri kuwedzera nguva yekuwana yakasarudzika mutengo mukana. Naizvozvo, isu tinotarisira kuti mutengo / mutengo hauzove wakanaka mukota yega yega kusvika pakati pe2022. Panguva ino, tinotarisira kuti zviito zvedu zvemazuva ano zvinodarika mutengo unotarisirwa muna 2022. Kutenda uku kunofungidzira kuti mari yezvinhu haifaniri kuwedzera kudarika ikozvino.
Kuda kwakasimba kwatakasangana nako kwakakonzerawo kusakwana kwekugadzira, izvo zvakakonzerwa nekukura nokukurumidza kwekugadzirwa, kunyanya muhafu yechipiri yegore rino. Sezvo kudiwa kunowedzera, isu tinofanirwa kumhanyisa mafekitori edu panguva dzepamusoro, zvichikonzera mutengo wemagetsi wakakwira. Kukanganisika kweketani yekugovera kwakonzerawo kukwira kwemitengo yekutakura uye nguva refu yekuendesa kune zvimwe zvikamu zvakatengwa zvechitatu.
Chikwata chedu chekugovera cheni chakagara chakatarisana nekuwana izvo zvinodiwa nenguva uye kushanda nesimba kutsvaga mamwe masosi pazvinogoneka. Kunyangwe tichitenda kuti zviito zvedu zvichatiita kuti tiwedzere kukwanisa kuwedzera kutumira kuti tisangane nezvinodiwa, isu tinotarisira kuti kukanganiswa kweketani yekugovera uye kupihwa kwevashandi kucharamba kuri zvinhu zvisina kunaka gore rinouya.
Muchikamu chechina, yedu specialty valve product portfolio yakatarisana nematambudziko makuru ekushanda, achiverengera ingangoita gumi neshanu muzana yekutengesa kwegore. Zvigadzirwa izvi zvinowanzo shandiswa kumapurojekiti makuru ane nguva refu yekutungamira. Nekuda kwekurebesa kugadzira uye nguva yekutumira, musiyano uripo pakati pekukwira kwemitengo yezvinhu uye kuvandudzwa kwemutengo unogona kudarika mwedzi mipfumbamwe.
Mukuwedzera, sechiyeuchidzo, takazivisa basa guru rekugadzirisa fekitari muchikamu chechipiri cha2021. Panguva iyoyo, taitarisira nzvimbo yakasiyana yekushanda. Kuda kwakasimba, kukanganiswa kweketani uye matambudziko evashandi akanganisa kutumirwa kwezvigadzirwa izvi uye kwakawedzera mutengo wekuchinja wekugadzirisa fekitori yedu. Isu tinoramba tine chivimbo chekuti tichazadzisa zvizere shanduko uye nekumhanyisa muna 2023, uye tounza purofiti yemuchero zvinoenderana.
Isu munguva pfupi yapfuura takazivisa hurongwa hutsva hwehutungamiri hunotanga muchikamu chekutanga che2022. Chimiro chitsva chine chinangwa chekuwedzera kukura kwemari, kukurudzira kushanda zvakanaka, kukurumidza kugadzirwa kwechigadzirwa chitsva nekuvandudza purofiti. Isu tinotenda kuti chimiro chitsva chinotibvumira kuvandudza kukura kwenguva refu uye kuwedzera purofiti margins, tichibatsira kukurumidza kushambadzira kwezvigadzirwa zvedu zvemichina uye Sentryx software platform.
Iwo maviri achangobva kupihwa mazita ebhizinesi mayuniti iWater Flow Solutions uye Water Management Solutions. Iyo Water Flow Solutions chigadzirwa portfolio inosanganisira iron gedhi mavharuvhu, akakosha mavharuvhu uye sevhisi zvigadzirwa zvendarira. Kutengeswa kwechigadzirwa kweNet kubva kuMvura Flow Solutions bhizinesi yakaverengera ingangoita makumi matanhatu muzana ezvekubatanidza mambure ekutengesa muna 2021.
Nguva yekutumira: Nov-11-2021
