Malawi Broadcasting Corporation
Business Development Local News

NICO Holdings profits up by 60%

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.

 

Print Friendly, PDF & Email

Related posts

Govt assures Malawians of improved livelihoods

MBC Online

Civil defeated, draw for Wanderers

MBC Online

DRIEMO TO SPICE UP MARANATHA ACADEMY HEROES PARTY

MBC Online
error: All Content is protected. Copyright © 2022. Malawi Broadcasting Corporation. All Right Reserved.