Press Corporation Limited (Malawi) – Trading statement for HYE 30 June 2022
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 results for the period to be reported upon next will differ by at least 20% from that of the previous corresponding period.
Based on the information that has been availed recently (was not available previously) specifically with regards to divesture of its investment in the consumer segment, Press Corporation Plc accordingly advises that profit after tax for the half year ending 30th June 2022 is expected to be higher than the previous corresponding period by more than 20%.
Press Corporation Plc’s financial statements for the period will be published in the press in September 2022.
BY ORDER OF THE BOARD
MOUREEN MBEYE
COMPANY SECRETARY
Dated this 29th day of August, 2022
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