NBS Bank Plc (Malawi) release of H12021 Trading Statement

By Published On: June 29th, 2021Categories: Corporate announcement, Earnings

In terms of the listing requirements of the Malawi Stock Exchange Limited, a listed company is required to publish a Trading Statement as soon as there is a reasonable degree of certainty that the financial results for the period to be reported upon next will vary by at least 20% from that of the previous corresponding period.

NBS Bank plc will be registering a profit in the current year materially different from the prior year. The company accordingly advises that profit after tax for the half year ending 30 June 2021 is expected to be approximately 40% higher than the profit recorded during the previous corresponding period.

The information on which this Trading Statement is based has not been reviewed or reported on by the company’s external auditors.

The summary consolidated and separate financial statements of the Company for the financial year ending 30 June 2021 are expected to be published not later than 31 August 2021.

Marsha Ovi Machika
Company Secretary
25 June 2021

NBS BANK PLC
NBS House
Ginnery Corner
P.O. Box 32251
BLANTYRE 3

The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.

NBS Bank Plc (NBS.mw)

Share price: 9,053.00 Tambala ▲ (6.00 | 0.07% – 28/06/24)

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