FDH Bank plc has introduced that it expects its revenue for the yr ending December 31, 2024, to develop to between K59.2 billion and K62.5 billion.

This represents a 66 % and 75 % enhance from the K35.6 billion reported within the earlier interval final yr.

According to the assertion launched by the Company Secretary Juliano Kanyongolo, the abstract consolidated and separate monetary statements of the Bank for the yr ending December 31^st, 2024 might be printed later.

“In terms of the Listing 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 will differ at least 20% from that of the previous corresponding period,” stated Kanyongolo.

Kanyongolo additional stated the knowledge on which the Trading Statement relies has not been reviewed and reported on by its exterior auditors of FDH plc.

Earlier this yr, the Malawi Stock Exchange-listed Bank introduced a considerable profit-after-tax enhance by 55 % from K22.932 billion to K35.467 billion final yr.

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