Malawi: NBS Bank Projects 140 Percent Profit Jump After Tax
Published on: Tuesday 07 March 2023
Malawi Stock Exchange (MSE) Listed NBS Bank says it expects a 140% profit jump after tax for the year ended 31 December 2022 compared to the same period last year.Earlier, the bank, popularly known as 'the Red Brigade" had projected a 110% profit after tax for the review period.But in a revised trading statement signed by the Bank's Company Secretary Marsha Ovi Machika, said the change in the expected profits is due to recoveries through courts...
News source: https://www.msn.com/en-xl/news/other/nbs-bank-projects-140-percent-profit-jump-after-tax/ar-AA18kNOA
