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Saturday, June 30, 2018

MPICO declares K5.1bn profit: Owed K9bn rental arrears by Malawi govt | Malawi Nyasa Times - Malawi breaking news in Malawi

MPICO declares K5.1bn profit: Owed K9bn rental arrears by Malawi govt | Malawi Nyasa Times - Malawi breaking news in Malawi

(MSE) listed company MPICO Group
has declared a K5.1 billion profit for the year ending 2017, representing
a year-on-year increase of 155 percent from last year's K2.o billion turnover.
This is despite the company being owed a whooping K9 billion by
the government of Malawi, which presently holds 32 of
the percent company's portfolio.

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