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Nico Holdings Plc (Malawi)

Main Activities: Securities and Commodity Exchanges | Direct Life Insurance Carriers
Full name: Nico Holdings Plc Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

NICO Holdings Limited is a financial services company involved in the business of general insurance, life insurance, pensions administration, banking, mortgage finance, lease finance and information systems. As part of its portfolio investment, the Company is also involved in the hospitality industry, real holding and shopping centers through some of its subsidiary companies. NICO Holdings' business is transacted by its operating companies, which include NICO General Insurance Company Limited, NICO Life Insurance Company Limited, NICO Insurance Zambia Limited, NICO Technologies Limited, NBS Bank Limited, NICO Insurance Uganda Ltd and NIKO Insurance Tanzania Ltd.

Headquarters
19 Glyn Jones Road, Chibisa House, P O Box 501
Blantyre; Southern Region;

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Website: http://www.nicomw.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1965
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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1.1%
Subsidiaries
Group Fabricators Manufacturers Limited
Nbs Bank Plc
Nico Asset Managers Limited
Company Performance
Financial values in the chart are available after Nico Holdings Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MWK. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
155.46%
Net Profit (Loss) for the Period
160.4%
Total assets
37.6%
Investments
38.18%
Total equity
45.66%
Net Profit Trend
92.16%
Return on Equity (ROE)
9.73%

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