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Tuesday, May 28, 2019

Illovo makes K8.1bn profit in six months - The Nation Online

Illovo makes K8.1bn profit in six months - The Nation Online: Malawi) plc has reported a jump in profit to K8.1 billion in the six months ended February 28 2019 from K7 billion despite a drop in revenue.

Extracts from unaudited financial statements published yesterday show that revenue for the Malawi Stock Exchange (MSE)-listed sugar manufacturer dropped by K3.8 billion to K62.4 billion from K66.2 billion during the same period last year.

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