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Nico Holdings Plc (Malawi)

Main Activities: Securities and Commodity Exchanges | Direct Life Insurance Carriers
Full name: Nico Holdings Plc Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Nico Holdings Plc, is a company operating in the financial services industry. It offers general insurance, life insurance, pension administration, banking, asset management, and corporate finance. The company provides IT services and has investments in Zambia, Uganda, Mozambique, and Tanzania.

Headquarters
19 Glyn Jones Road, Chibisa House, P O Box 501
Blantyre; Southern Region;

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Website: http://www.nicomw.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1965
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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Managing Director
Ownership Details
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45.89%
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27.91%
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25.1%
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1.1%
Subsidiaries
Group Fabricators Manufacturers Limited
Nbs Bank Plc
Nico Asset Managers Limited
Company Performance
Financial values in the chart are available after Nico Holdings Plc report is purchased.
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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.
Net insurance premium revenue
60.54%▲
Operating profit (EBIT)
81.57%▲
Net Profit (Loss) for the Period
73.27%▲
Total assets
49.8%▲
Investments
38.8%▲
Total equity
42.73%▲
Net Profit Trend
-67.32%▼
Return on Equity (ROE)
4.36%▲
Underwriting Expenses Ratio
-73.42%▼

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