Prof Chikaonda remembered - Malawi Voice malawivoice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malawivoice.com Daily Mail and Mail on Sunday newspapers.
Press Corporation Limited (PCL) has announced the firing of three top officials with effect from January 31, 2022. According to a press statement that this p
K6 billion Sunbird Hotel shocks Malawians malawi24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malawi24.com Daily Mail and Mail on Sunday newspapers.
Chakwera appoints Council members of the de-linked Universities faceofmalawi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from faceofmalawi.com Daily Mail and Mail on Sunday newspapers.
Castel Malawi Exchange Losses Affect PCL Profits
Press Corporation CEO George Patridge
Exchange losses amounting to K6.36 billion incurred by Castel Brewery Malawi Limited has affected profit margins for conglomerate Press Corporation plc which has posted an after tax profit of K19.9 billion, 13% lower than prior year.
In a financial statement for the year ending 31
st December 2020 signed by Press Corporation plc Board Chairman Randson Mwadiwa and PCL Group Chief Executive Officer George Partridge, the conglomerate said granted the very difficult operating environment, the Group registered respectable results with profit before tax for the period at MK38.22 billion (2019: MK40.31 billion) was 5% lower than prior year.