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Friday, April 26, 2019

PCL profit down 7% | The Times Group

PCL profit down 7% | The Times Group: PCL profit down 7%
Posted By: Tom Sangalaon: April 25, 2019In: BusinessNo Comments
By Taonga Sabola:

Malawi Stock Exchange-listed conglomerate Press Corporations Limited (PCL) has posted a 7 percent drop in profitability for the year ended December 31 2018.

In a statement on Wednesday, the firm says it recorded an after-tax profit of K36.71 billion in 2018, down from K39.67 billion in 2017.

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