PCL 2022 Profits Down By 19%
Press Corporation Limited, Plc's 2022 after tax profit has gone down by 19 percent.
This is in comparison with 2021's profit which was at K45.1 Billion. In 2022, the profit was at K36.3 Billion.
It attributes the development to failure by telecommunication companies, TNM and MTL, among others, which are their companies to perform well as one of the contributing factors to the decrease in the profit.
Its board chairperson, Randson Mwandira revealed this at the company's Annual General Meeting in Blantyre.