Market Status CLOSED Thursday 23 May 2024

News

NIC'S PUBLIC NOTICE - Profit Warning 2024

The Board of NIC Holdings Limited (NIC) wishes to inform esteemed shareholders of the Company and the general public that based on preliminary results from the operating subsidiaries whose financial statements are consolidated into the Company’s financial statements, the profit for the year ended 31st December, 2023 will decline by more than 25%. The subsidiaries’ performance in the past year had been affected by several factors including macroeconomic factors within the operating environment and the impact of IFRS 17 implementation amongst others.

 

NEW VISION PRINTING AND PUBLISHING COMPANY LIMTED PROFIT WARNING ANNOUNCEMENT

The Board of Directors of New Vision Printing and Publishing Company Limited wishes to announce to Shareholders, Potential Investors, and the General Public that based on the preliminary assessment of the Company’s performance, the results of the Company’s earnings for the half year ending December 31, 2023, will be a loss position.

UMEME PROFIT WARNING ANNOUNCEMENT

The Board of Directors (the “Board”) of Umeme Limited (the ‘’Company’’) wishes to inform its shareholders that based on the assessment of the Company’s financial performance for the year ended 31st December 2023, the Company’s net profit for the year is projected to decline by more than 25% compared to the year ended 31st December 2022.

For more details, please see attached announcement. 

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