TNM plc has reported revenues of K222.9 billion and net profit after-tax of K21.27 billion for the year ended December 31 2025, representing growth of 41 percent and 112 percent, respectively.
During its 31st Annual General Meeting in Lilongwe on Friday, TNM plc declared total dividends of K7.96 billion, including a final payout of K0.23 per share.
TNM plc board chairperson Ted Sauti-Phiri described 2025 as a year of “transformative growth”, that underscored TNM’s “solid and scalable foundations”.
“From 2024, we were unable to share dividends, but this year the K7.96 billion declared is a good gesture to shareholders,” he said.
TNM plc chief executive officer Michel Hebert called 2025 “an important year,” noting earnings before interest, taxes, depreciation and amortisation increased by 48 percent while company added more than one million subscribers and TNM Mpamba mobile money users.
“Across both telecommunications and mobile money, TNM regained significant market share and moved within striking distance of market leadership,” he said in the annual report.
The AGM also approved the acquisition of fibre network infrastructure from Open Connect Limited for K11.5 billion to support expansion and services for TNM’s seven million subscribers.
Minority Shareholders Association of Listed Companies secretary general Frank Harawa commended TNM’s performance and dividend payout.
He said the acquisition of OCL will reduce rental costs and create new revenue streams.
Harawa urged the company to manage expenditures and foreign debt to sustain growth.
