Chronicle Editor
Business Reporter
FBC Holdings Limited group defied the adverse impact of Covid-19 to post a commendable set of financial results in the full year ended December 2020 after its income grew 14 percent to $8.1 billion from $7.2 billion in the comparable previous year with profit after tax settling at $1.5 billion.
The financial services company has proposed a final dividend of 44.65 cents per share to its shareholders, which is in addition to the interim dividend of 29.76 cents that was paid in September 2020.
The total dividend for the year 2020 amounts to $500 million including the interim dividend of $200 million that was paid last September.
Chairman, Mr Herbert Nkala, revealed this in a statement accompanying the group’s abridged audited results for the period under review.
Sidumisile Mabena