MCB — Mwalimu Commercial Bank Plc — Annual FY 2023

AI: Total Income (Interest Income + Non-Interest Income) increased by 16% to TZS 12,266 million in FY 2023 from TZS 10,563 million in FY 2022. Operating Profit (Faida ya Uendeshaji) shifted from a loss of TZS 296 million in FY 2022 to a profit of TZS 73 million in FY 2023, marking a 125% improvement. Net Profit after Tax improved from a loss of TZS 331 million in FY 2022 to a profit of TZS 11 million in FY 2023, a 103% increase.