Mkombozi Commercial Bank (MKCB) — FY 2022
Earnings report for Mkombozi Commercial Bank (MKCB) for FY 2022 (iliyotolewa 5 May 2023). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Net profit for the year TZS 5,621,893 thousand, a significant increase from a loss of TZS 1,859,510 thousand in 2021.
- Basic earnings per share of TZS 239, up from a loss of TZS 79 per share in 2021.
- Total assets increased by 5% to TZS 221,722,544 thousand (2021: TZS 210,371,680 thousand).
- Net Operating Income grew to TZS 21,096,890 thousand (2021: TZS 12,954,944 thousand).
- Core Tier 1 Capital Ratio stood at 13.05%, exceeding the regulatory minimum of 9%.