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Friday, August 18, 2017

Profit boom | The Times Group

Profit boom | The Times Group:



'Improvements in key macroeconomic fundamentals are courting hopes for growth as firms


continue to report positive results in the first half of 2017.

Our desk research shows that most firms listed on the Malawi Stock Exchange (MSE) have

registered an increase in pre-tax profits in their half-year statements.

In its published statement, intergraded mobile network provider, TNM, reported a 71.73 percent

increase in net profit to K4.75 billion from K2.77 billion due to high level of service revenue and

moderate subscriber base.

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