Illovo Sugar Malawi Defends Social Development Investment Amid Shareholder Concerns Over Low Dividends
[Nyasa Times - Malawi] - 15/02/2025
Illovo Sugar Malawi Plc has defended its social development investments after shareholders raised concerns that these expenditures contribute to lower dividend payouts. For the six months ending August 31, 2024, the company posted a net profit of K23 billion—K34 billion less than the K57 billion (…)
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