Tag: Market challenges

Blantyre Hotels Plc (BHL) anticipates significant financial losses for the year ending December 31, 2024, driven by increased expenditure and consolidation-related costs.
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Blantyre Hotels projects up to $1.1 million loss in 2024 amid rising costs and OASIS consolidation

At a Glance Blantyre Hotels Plc, one of Malawi’s leading hospitality groups majority-owned by Sunbird Tourism, forecasts a significant decline in profit before finance charges and tax for the fiscal year ending December 31, 2024. The company expects profit before finance charges and tax to range between MWK580 million($0.33 million) and MWK700 million ($0.4 million), representing a 47 percent to…

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