Listed firms eye ballooning profits | The Times Group:
Listed firms eye ballooning profits
Posted By: Grace Thipa on: April 09, 2018 In: Business No Comments
Malawi Stock Exchange-listed Mpico Limited, Nico Holdings and Press Corporation PLC are
expecting profits for the year ended 2017 to be significantly higher than the earnings realised in
2016.
A weekly market report circulated by Cedar Capital, a brokering and dealership company formerly
operating as African Alliance, says Mpico has forecast a jump in profits 100 percent higher than,
what the company realised in 2016.
Towards the end of the 2016 Financial Year, Mpico raised K9 billion in a renounceable rights
issue, which converted its loans into equity.
'via Blog this'
Listed firms eye ballooning profits
Posted By: Grace Thipa on: April 09, 2018 In: Business No Comments
Malawi Stock Exchange-listed Mpico Limited, Nico Holdings and Press Corporation PLC are
expecting profits for the year ended 2017 to be significantly higher than the earnings realised in
2016.
A weekly market report circulated by Cedar Capital, a brokering and dealership company formerly
operating as African Alliance, says Mpico has forecast a jump in profits 100 percent higher than,
what the company realised in 2016.
Towards the end of the 2016 Financial Year, Mpico raised K9 billion in a renounceable rights
issue, which converted its loans into equity.
'via Blog this'
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