Press Corporation Limited (PCL.mw) listed on the Malawi Stock Exchange under the Industrial holding sector has released it’s 2008 annual report.For more information about Press Corporation Limited (PCL.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the Press Corporation Limited (PCL.mw) company page on AfricanFinancials.Document: Press Corporation Limited (PCL.mw) 2008 annual report.Company ProfilePress Corporation Limited is the largest holding company in Malawi; with vested interests in real estate, energy, food and beverages, consumer goods, financial services and telecommunications. The highly diversified company has stakes in 13 companies in Malawi made up of 8 subsidiaries, 4 joint ventures and one associate. Well-known brands in its portfolio include: National Bank of Malawi in the financial services sector, Malawi Telecommunications Limited and Telekom Networks Limited in the telecommunication sector, Ethanol Company Limited and Presscane Limited in the energy sector, People’s Trading Centre Limited in the consumer goods sector, Press Properties Limited and Manzini Limited in the property investment and development sector, and The Foods Company in the food manufacturing sector. Press Corporation Limited is listed on the Malawi Stock Exchange
looking back over the past year, the province’s industrial innovation endeavor, overcome difficulties, the successful completion of tasks. To achieve the above scale industrial growth of 7.5%, the growth rate for 9 consecutive months ranked the first 4 billion dollar northwest; industrial cluster to accelerate the development of new energy, new materials and manufacturing industry to maintain more than 30% growth rate; the supply side structural reform essay start, to achieve a year of breaking the aim of reform; the annual investment funds up to 75 billion 500 million yuan…… The work has created a new situation in the province’s industrial and information technology and state owned enterprise reform.
2017, standing at a new starting point, the province’s industrial and state system to face difficult challenges, seize the opportunities for development, adhere to the overall tone of steady work, in order to supply side structural reform, in-depth implementation of the innovation driven, vigorously develop the real economy, promote the entrepreneurial spirit and the Artisan spirit, efforts to build a new energy to cultivate mutual development the pattern for enhancement and traditional energy transformation, accelerate the development of recycling economy construction of the national pilot area for the construction of the beautiful, rich civilized and harmonious new Qinghai make new contributions.
in the face of the new economic situation, we should take the "four change" development of the concept of unity of thinking, accurately grasp the central and provincial Party committee, major research, the economic situation of the provincial government on economic work major decisions, according to the provincial government for this year’s economic work must firmly grasp the four, four adhere to both "the general requirements, based on the current and long-term perspective. A good grasp of the overall tone while maintaining stability ", to" stable "for the overall situation, maintain the continuity and stability of policies and measures, strengthen the development of confidence, to ensure the steady growth of industrial and state owned economy. To "in" as a breakthrough, highlighting the development of the "quality" and "quantity" two key points, establish "active consciousness jump", "roll up your sleeves and go" spirit of hard work, solid work to implement measures to speed up the upgrading of traditional industries, vigorously foster the development of new industries. To promote new technologies, new industries, new formats, new mode of the birth of new development, and constantly improve the quality and efficiency of industrial economic development.
– deputy director of the provincial economic and Information Committee, deputy director of the provincial SASAC Yao Lin
[read the number of industrial development]
– industrial operation steady progress. Last year, the province’s above scale industrial growth of 7.5%, the growth rate ranked first in the Northwest for the first time in a row for 9 consecutive months, higher than the annual target of 0.5 percentage points. 1-11 months of the province’s industrial scale above the main business income of 194 billion 900 million yuan, profit of $5 billion 386 million, showing the main business revenue growth, profit decline narrowed, the gradual improvement of the development trend of business.
: continuous optimization of industrial structure. 1-11 months to complete the general industrial investment 73 billion 590 million yuan, is expected to be completed by the year of 75 billion yuan. 4 billion yuan of industrial clusters to accelerate the development of new energy, new materials, manufacturing industry has maintained more than 30% growth rate, further optimize the industrial structure.
: the supply side reform essay start. Fully completed the strong innovation, to production capacity, on the technical transformation, reduce costs, risk prevention, the annual focus of the task,;