NICO Holdings has registered a profit after tax of K59.1 billion in the just ended financial year, representing a 60% increment from 2022’s K38 billion.
NICO Holdings Managing Director, Vizenge Kumwenda, said the conglomerate continues to perform better regardless of the challenging economic landscape.
The company, which was first to list on the Malawi Stock Exchange in 1996, has so far paid K52 billion in taxes and K1 billion in corporate social responsibility.
