Malawi : NBS Bank profit up 55%
NBS Bank has reported a profit after tax of K29.38 billion in the 12-month period ended December 31 2023, published summary and separate financial statements show.
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NBS Bank has reported a profit after tax of K29.38 billion in the 12-month period ended December 31 2023, published summary and separate financial statements show.
National Bank of Malawi (NBM) has posted a staggering K71.96 billion profit after tax for the financial year ending December 31 2023, a published summary of audited results has shown.
The recent fall in share prices for most listed companies on the Malawi Stock Exchange (MSE) has attracted mixed views from market analysts, with some linking the trend to the poor performance of the economy.
The Malawi Stock Exchange performed poorly in October, having registered a month-on-month and year-on-year drop in Malawi All Share Index (Masi), figures from financial advisory firm, Bridgepath Capital show.