National Bank of Malawi plc has released a traditing statement for the financial year ended 31 December 2024 indicating strong financial performance. The bank expects Profit after Tax to be between K92.97billion and K98.25 billion. This represents an increase between 29% and 37% compared to MK71.96 billion profit after tax that was recorded in 2023
KEY HIGHLIGHTS
- Expected Profit After Tax:K92.97billion
to MWK98.25 billion
- Growth: 29% to 37% for Year-on-year.
- FY2023 Profit After Tax:MWK71.96 billion.
The impressive performance reflects NBM plc’s ability to navigate economic challenges and maintain its position as a leading financial institution in Malawi.
