NATIONAL INVESTMENTS PLC (NICO) — FY 2021
Earnings report for NATIONAL INVESTMENTS PLC (NICO) for FY 2021 (iliyotolewa 30 Dec 2021). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Profit after taxation for FY 2021 was TZS 4,051,002 thousand, a 169% increase from TZS 1,508,056 thousand in FY 2020.
- Total Investment Income for FY 2021 reached TZS 5,698,882 thousand, a 60% growth from FY 2020.
- Dividend income grew by 24% to TZS 4.4 billion in FY 2021 (from TZS 3.5 billion in FY 2020).
- Interest income from Government Bond grew significantly to TZS 1.34 billion in FY 2021 (from TZS 52 million in FY 2020).
- Administrative expenses dropped by 5% to TZS 770 million in FY 2021.
- Basic earnings per share for FY 2021 was TZS 65.72, up from TZS 21.80 in FY 2020.