In terms of the Listing Requirements of the Malawi Stock Exchange, a listed company is required to publish a trading statement as soon as there is a reasonable degree of certainty that the financial statements for the period to be reported upon will differ by at least 20% from that of the previous corresponding period.
Illovo Sugar Malawi plc accordingly advises that the profit after tax for the six-month period ending 28 February 2026 is expected to be between MWK56.6 billion and MWK61.8 billion representing an increase of between 115% and 135% from the prior period profit after tax of MWK26.3 billion.
The information on which the above trading statement is based has not been reviewed or reported on by Illovo Sugar Malawi plc's external auditors.
BY ORDER OF THE BOARDMAUREEN KACHINGWE
COMPANY SECRETARYDATE:
CREATING A THRIVING MALAWIAN COMMUNITY THROUGH THE PROVISION OF AFFORDABLE FOOD AND ENERGY
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Illovo Sugar Malawi plc published this content on February 23, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on February 23, 2026 at 13:51 UTC.
