National Investment Trust Ltd (NITL.mu) Q32022 Interim Report
The abridged financial statements have been prepared after the first phase of the realization and distribution of the Company’s saleable investments and, a cash distribution of Rs 10.10 per share has been paid to the shareholders.
At balance sheet date, the Net Asset Value per share stood at Rs 46.41 compared to Rs 45.54 at 30 June 2021. This increase was due to the revaluation gain recorded on our holding in SICOM Ltd.
The profit after tax amounted to Rs 306m (30.6.21: Rs 156.8m). Here also, the increase was primarily attributable to the unrealised gain recorded on our investment in SICOM Ltd.
By Order of the Board
Executive Services Limited
Per Christian Angseesing
The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.