Telekom Networks Malawi Limited (TNM.mw), listed on the Malawi Stock Exchange has issued the following assessment of its future earnings prospects, as at 30 June 2018, as part of its investor relations reporting:
The company does not expect the current business environment to change significantly in the second half of 2018. The company will continue to implement cost management initiatives and strategies aimed at expansion and diversification of its revenue base.
The Directors have declared a first interim dividend for the financial year ending 31st December 2018 of MK 2,510 million, equivalent to 25 tambala per share, payable on 28th September 2018 to those shareholders appearing in the register of the Company as at the close of business on 14th September 2018. The register of members will be closed from 17th September 2018 to 19th September 2018 both dates inclusive.