PRESS CORPORATION PLC Business Summary
- 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 | 14-12-31 |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
Stewart Malata
BRD | Director/Board Member | 62 | 19-07-17 |
Dyress Mawindo
BRD | Director/Board Member | 66 | 20-08-23 |
Ronald Mangani
CEO | Chief Executive Officer | 57 | - |
Gibson Ngalamila
BRD | Director/Board Member | 45 | 17-11-23 |
Jim Nsomba
BRD | Director/Board Member | 62 | 18-08-23 |
Randson Mwadiwa
CHM | Chairman | 68 | 20-08-23 |
Betty Mahuka
BRD | Director/Board Member | 62 | 20-08-23 |
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
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