Share price
Group profits attributable to ordinary shareholders for the semester to 31 December 2022 stood at Rs 6,663 million, representing an increase of 36.0% compared to the corresponding period last year. This performance was largely driven by an improvement in our core earnings and a drop in net impairment charges. Contribution from foreign-sourced income stood at above 65% of Group profits.
Results
2nd quarter
6 months to December 2022
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Financial Statements pdf 252KB
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Group Management Statement pdf 949KB
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Earnings call presentation pdf 663KB
Financial Calendar
Latest Events
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07 March 2023
Roadshow at the EFG Hermes 17th Annual One on One Conference – Dubai (6-7 March 2023)
Credit Ratings
Credit ratings are opinions subject to ongoing review by rating agencies and may change from time to time based on the financial performance of MCB Ltd, industry dynamics, and other factors. MCB Ltd is being rated by Moody's Investors Service.
| Agency | Outlook | Long term | Short term |
|---|---|---|---|
| Moody's | Stable | Baa3 | P-3 |
Domestically, CARE Ratings (Africa) Private Limited assigns a AAA rating to MCB Ltd with regard to the servicing of financial obligations.
Moody's website at www.moodys.com
CARE Ratings website at www.careratingsafrica.com
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