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National Investment Trust Plc (Malawi)

Main Activities: Securities and Commodity Exchanges | Other Investment Pools and Funds
Full name: National Investment Trust Plc Profile Updated: August 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

NITL is a closed-end fund that invests in a diversified portfolio of Malawi Stock Exchange listed shares and unlisted private securities. The Fund is a product of Malawi's progressive privatisation policy and is an ideal investment avenue for investors wanting broad exposure to the Malawi Stock Exchange without having to invest individually in each listed company. NITL's unlisted investment portfolio provides upside potential through its exposure to unlisted equities. NITL's investment objectives are to provide both income and capital growth to investors. Gains made from investments listed on the Malawi Stock Exchange are free from taxation if held for more than a year.

Headquarters
Chibisa House, 19 Glyne Jones Road, P.O. Box 910
Blantyre; Southern Region; Postal Code: 3173

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Website: http://www.nitl.mw

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2001
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MWK. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
-31.36%
Net Profit (Loss) for the Period
-73.83%
Total assets
21.47%
Total equity
21.75%
Return on Equity (ROE)
-31.95%
Quick Ratio
-37.15%
Cash Ratio
1.52%

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