FilingReader Intelligence

NAM's interim profit surges amid volatile markets

May 20, 2025 at 09:01 PM UTCBy FilingReader AI

Namibia Asset Management Limited (NAM) announced its reviewed interim results for the six months ended March 31, 2025, showcasing positive growth amid increased market volatility. Operating profit increased to NAD7,264,246, compared to NAD6,850,217 in the corresponding period of the previous year. Fund management earnings rose to NAD5,078,845 from NAD4,267,938. Total comprehensive income for the period reached NAD5,461,269, surpassing the NAD5,297,121 reported in 2024. Basic and headline earnings per share both improved to 3.46 cents. The company's assets under management (AuM) saw a modest increase of 0.5% to NAD20.3 billion. NAM's management emphasizes its focus on meticulously managing investments to deliver strong performance for stakeholders in a complex global environment.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

News Alerts

Get instant email alerts when NAMIBIA ASSET MANAGEMENT LIMITED publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →