FMB | Trading statement for the six months ending 30th June, 2017

By Published On: June 29th, 2017Categories: Corporate announcement

In terms of the listings requirements of the Malawi Stock Exchange Limited, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from the financial results for the previous corresponding period.

First Merchant Bank PLC accordingly advises that its forecast profit attributable to shareholders for the six months ending 30th June, 2017 is expected to be at least 60% higher than achieved for the six months period ended 30th June, 2016. 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 six months period ending 30th June, 2017 are expected to be published in the press in August 2017.

Oswald Mtokale
Company Secretary

27th June 2017

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