Press Corporation Limited sees 50% profit jump in H1 | The Times Group: TAONGA SABOLA:
Conglomerate Press Corporation Limited (PCL) has said it expects its profit for the first six months of the year to be 50 percent above the corresponding period last year.
In the first half of last year, PCL recorded a pretax profit of K14.23 billion, up from K13.89 billion in 2016.
A 50 percent jump could see the firm’s profit before tax hitting K21.34 billion in the first half of 2018.
In a trading statement for the half year ended June 30 2018, released on Tuesday, PCL Company Secretary, Bernard Ndau, said the information on which statement is based has not been reviewed or reported on by the firm’s auditors.
Conglomerate Press Corporation Limited (PCL) has said it expects its profit for the first six months of the year to be 50 percent above the corresponding period last year.
In the first half of last year, PCL recorded a pretax profit of K14.23 billion, up from K13.89 billion in 2016.
A 50 percent jump could see the firm’s profit before tax hitting K21.34 billion in the first half of 2018.
In a trading statement for the half year ended June 30 2018, released on Tuesday, PCL Company Secretary, Bernard Ndau, said the information on which statement is based has not been reviewed or reported on by the firm’s auditors.
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