National Investments Company (Tanzania) HY2021 income increases by 39%

By Published On: September 17th, 2021Categories: Corporate announcement, Earnings

National Investments Company Limited ( HY2021 Interim Report

Financial Review

The National Investments PLC is pleased to announce its Half Year 2021 results. The Company’s Income rose by 39% due to increased dividend income from equity investments and interest income from Government Bonds.

Operating expenses decreased by 37% attributed largely by the reduction of court cases, and stricter control of administrative expenses in comparison to the prev