Listed companies on the Malawi Stock Exchange have delivered exceptional financial performance for the half-year period ending June 30, 2025, with most firms recording profit increases exceeding 500 percent.

Trading statements released this week reveal a remarkable turnaround across multiple sectors, led by National Investment Trust plc (NITL), which announced a supernormal profit surge of over 1,000 percent.

NITL expects profit-after-tax of between K79.6 billion and K80.5 billion – a staggering increase of between 1,742 percent and 1,765 percent compared to K4.32 billion recorded in the corresponding period last year, according to its Monday trading statement.

The investment firm attributed its extraordinary performance to significant appreciation in the value of shares it holds on the Malawi Stock Exchange, where the Malawi All Share Index (MASI) has soared to 85 percent this year compared to 9.12 percent in 2024.

Blantyre Hotels Limited (BHL) emerged as another standout performer, projecting profit-after -tax of between K3.35 billion and K3.51 billion – a dramatic reversal from the K781 million loss reported last year.

This represents an increase of 529 percent to 549 percent, primarily driven by interest earned on proceeds from its rights issue earmarked for the Lilongwe Hotel Project.

The banking sector dominated the profit surge, with NBS Bank plc forecasting profit after-tax of between K70.6 billion and K73.8 billion – up 116.6 percent to 126.4 percent from K32.6 billion in the same period last year.

FDH Bank plc expects its profit to more than double, ranging from K57.8 billion to K60.8 billion, representing increases of 107 percent to 118 percent from K27.9 billion in 2024.

Nico Holdings plc anticipates profit-after-tax in the range of K115 billion to K125 billion, reflecting a 135 percent to 155 percent surge from K49 billion recorded a year ago.

Conglomerate Press Corporation plc projects consolidated profit of K89.26 billion to K96.03 billion – a 97 percent to 112 percent increase from K45.28 billion in the corresponding period of 2024.