NICO Holdings PLC 2024 Integrated Report
The report highlights NICO Group's exceptional performance in 2024, with gross revenue increasing by 83% to MK516.4 billion and profit after tax rising by 129% to MK134.4 billion. The group successfully implemented its 'Growing Higher' strategy, aligning with Malawi's Vision 2063 and the UN Sustainable Development Goals. Key achievements include a major strategic investment in Blantyre Hotels Plc, the rollout of a new core banking system at NBS Bank Plc, and a MK1.2 billion investment in corporate social responsibility initiatives. Additionally, the group advanced its sustainability journey by aligning its environmental reporting with the Global Reporting Initiative Standards.
Company: NICO Holdings PLC
Sector: Finance & insurance
Country: Malawi
Year: 2024
Type: Integrated Report
Pages: 278
NICO Holdings PLC
The report highlights NICO Group's exceptional performance in 2024, with gross revenue increasing by 83% to MK516.4 billion and profit after tax rising by 129% to MK134.4 billion. The group successfully implemented its 'Growing Higher' strategy, aligning with Malawi's Vision 2063 and the UN Sustainable Development Goals. Key achievements include a major strategic investment in Blantyre Hotels Plc, the rollout of a new core banking system at NBS Bank Plc, and a MK1.2 billion investment in corporate social responsibility initiatives. Additionally, the group advanced its sustainability journey by aligning its environmental reporting with the Global Reporting Initiative Standards.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees