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PCL Declaration Of Final Dividend for Year Ended 31st December 2009
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At the Company’s Twenty-Sixth Annual General Meeting held on Wednesday 23 June 2010, the following resolution was adopted:
“THAT upon the recommendation of the Directors a final dividend of MK240.4 million representing MK2.00 per share in respect of the year ended 31 December 2009 be and is hereby declared payable on Friday 27th August 2010 to those Shareholders registered in the books of the company as at the close of business on Friday 23rd July 2010”. |
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Financial Statement for the Year Ended DEC 2009
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RESULTS FOR THE YEAR ENDED 31 DECEMBER 2009
The board is pleased to report consolidated profit after tax of MK5.67 billion (2008: MK5.663 billion) for the year ended 31 December 2009. This performance was achieved against difficult macro-economic conditions. Persistent forex shortages and erratic fuel supply, coupled with the generally low discretionally spending power among the rural masses had a huge negative impact on most of our businesses.
Please click on the link below to view the full financial mid year statement:
PCL Financial Statement for Year Ended DEC 2009
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PCL Financial Statement for Mid-Year Results ended June 2009
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The board is pleased to report a Group profit before tax of MK3.46 billion (2008: MK2.9 billion) for the six months to 30 June 2009, representing a 19.3% increase over the same period last year.
National Bank of Malawi maintained its good performance with excellent growth in earnings of 38% over the previous year.
The Retail and Consumer Goods Division also performed well despite difficult market conditions due to increasing competition and shortage of foreign currency. |
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