Press Corporation plc has issued a revised trading statement indicating a significant upward adjustment in its profit forecasts for the financial year ended 31st December 2024. Initially, the company projected a consolidated profit after tax ranging between MK115.70 billion and MK122.48 billion, marking an increase of...
The Malawian equities market ended on a negative note today, with the Malawi All Share Index( MASI) dropping to 291,644.54 from 291,732.96 reflecting a 0.03% loss . This change shows a decrease in the year to date return of 69.52% up from 60.57% Market capitalization...
Airtel Malawi Plc has released a revised trading statement for the financial year ending 31st December 2024, adjusting its profit expectations. Initially, the company projected a profit after tax (PAT) ranging between MK43.1 billion and MK47.7 billion, representing a substantial increase of 380% to 409% from...
The Malawian equities market ended on a negative note today, with the Malawi All Share Index( MASI) dropping to 291,732.96 from 291,805.98 reflecting a 0.03% loss . This change shows a decrease in the year to date return of 69.57% up from 60.61% Market capitalization...
NICO Holdings Plc has revised its profit projections for the financial year ending 31st December 2024, signaling stronger-than-expected performance. The company had previously estimated its consolidated profit after tax to range between MWK122 billion and MWK131 billion, reflecting a 107% to 122% increase from the MWK59...
NBS Bank Plc has revised its profit forecast for the year ended December 31, 2024, with profit after tax (PAT) now expected to be between MWK72.5 billion and MWK73.0 billion. This represents a 147% to 148% increase compared to the MWK29.4 billion reported in 2023. This...
Telekom Networks Malawi Plc (TNM) has issued a revised trading statement, increasing its profit after tax (PAT) forecast for the financial year endes December 31, 2024. TNM initially projected a PAT between MK8.140 billion and MK9.106 billion, representing a 271% to 291% increase from the MK4.760...
The Malawian equities market ended on a negative note today, with the Malawi All Share Index( MASI) dropping to 291,805.98 from 291,882.89 reflecting a 0.03% loss . This change shows a decrease in the year to date return of 69.61% up from 60.66% Market capitalization...
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