TNM | Trading Statement in respect of the year ending December 2017

By Published On: December 1st, 2017Categories: Corporate announcement

In terms of the Listings Requirements of the Malawi Stock Exchange, a listed company is required to publish a trading statement as soon as there is a reasonable degree of certainty that the financial statements for the period to be reported upon next will differ by at least 20% from that of the previous corresponding period.

Telekom Networks Malawi PLC accordingly advises that profit after tax for the year ending December 2017 is expected to be more than 60% higher than the previous corresponding period.

The information on which this Trading Statement is based has not yet been reviewed or reported on by Telekom Networks Malawi PLC’s Auditors.

Telekom Networks Malawi PLC’s financial statement for the period will be published in the press by March 2018 following their review and approval by the Board of Directors.

Christina Mwanza
Company Secretary
Dated 27th November 2017

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.