Nico Group l says the firms 2025 financial results tell a compelling story of resilience, disciplined execution and strategic strength.
Speaking on the sidelines of Wealth Lounge cocktail during the 2026 Malawi Confederation of Chambers of Commerce and Industry Lakeshore Business Leaders Summit on Friday, the firm said the fit was achieved despite challenges in Malawi’s economic environment.
In an interview, One of the subsidiaries, Nico Life chief executive officer Donbel Mandala said their customers enabled them to deliver impressive results.
He said: “These results demonstrate not only our diversified model and disciplined management, but also the trust you place in us. We thank you for this.”
During the year under review, profit after tax grew by 141 percent, reaching K323.5 billion while revenue increased by 74 percent, closing at K918.5 billion. On the other hand, dividends doubled to K41.6 billion.
On his part, Nico Holdings plc chief operating officer Kwenele Ngwenya said the firm is committed to opening space for meaningful dialogue between business leaders, investors and policymakers through spaces such as the cocktail event.
Nico Group subsidiaries includ Nico Holdings plc, NBS Bank plc, Nico General, Nico Life, Nico Pension, Nico Asset Managers, Nico Technologies, Nico Capital, Eris Properties, Blantyre Hotels and Nico Insurance Zambia.
