Inactive Instrument

Company Press Corporation Ltd. Malawi S.E.

Equities

End-of-day quote Malawi S.E. Other stock markets
- ^MWK	-

2023	Press Corporation plc Reports Earnings Results for the Full Year Ended December 31, 2022	CI
2022	Press Corporation plc Reports Earnings Results for the Full Year Ended December 31, 2021	CI

Business Summary

Press Corporation Plc is a holding company organized into 5 sectors of activities:

- telecommunication services (47.7% of revenues);

- supply of financial services (29.5%);

- retail distribution (13.5%): distribution of consumer products, petroleum products, etc.;

- production of electricity (7.9%);

- other (1.4%): primarily food processing production (tea production, raising and selling fish, beer brewing, carbonated beverage production, etc.).

Sales per Business

MWK in Million	2021	Weight	2022	Weight	Delta
Financial Services 53.2 %	117,842	47.3 %	153,543	53.2 %	+30.30%
Telecommunications 36.8 %	103,480	41.5 %	106,227	36.8 %	+2.65%
Energy 9.0 %	24,891	10.0 %	25,957	9.0 %	+4.28%
All Other Segments 1.0 %	2,860	1.1 %	2,877	1.0 %	+0.59%

Sales per region

MWK in Million	2021	Weight	2022	Weight	Delta
Malawi 100.0 %	249,073	100.0 %	288,604	100.0 %	+15.87%

Managers

Managers	Title	Age	Since
Ronald Mangani CEO	Chief Executive Officer	57	-
Moureen Mbeye DFI	Director of Finance/CFO	-	-
Lyton Chithambo COO	Chief Operating Officer	45	01/15/01

Members of the board

Members of the board	Title	Age	Since
Stewart Malata BRD	Director/Board Member	62	18/19/18
Dyress Mawindo BRD	Director/Board Member	66	24/20/24
Ronald Mangani CEO	Chief Executive Officer	57	-
Gibson Ngalamila BRD	Director/Board Member	45	24/17/24
Jim Nsomba BRD	Director/Board Member	62	24/18/24
Randson Mwadiwa CHM	Chairman	68	24/20/24
Betty Mahuka BRD	Director/Board Member	62	24/20/24

Shareholders

Name	Equities	%	Valuation
Press Trust 47.58 %	57,217,721	47.58 %	83 M MWK
OLD MUTUAL LIMITED 16.29 %	19,589,674	16.29 %	28 M MWK
Databank Asset Management Services Ltd. 1.220 %	1,466,546	1.220 %	2 M MWK
Randson Mwadiwa 0.000832 %	1,000	0.000832 %	1 446 MWK

Holdings

Name	Equities	%	Valuation
NATIONAL BANK OF MALAWI PLC 51.50%	240,469,848	51.50%	332,875,196 $
TELEKOM NETWORKS MALAWI PLC 43.72%	4,389,684,760	43.72%	30,640,000 $

Company contact information

Press Corp. Plc

NBM Top Mandala House Kohsiung Road

, Blantyre

+265 1 833 569

http://www.presscorp.com

Sector

This company's sector is not yet available