NICO Holdings Limited (NICO.mw) listed on the Malawi Stock Exchange under the Insurance sector has released it’s 2020 interim results for the half year.For more information about NICO Holdings Limited (NICO.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the NICO Holdings Limited (NICO.mw) company page on AfricanFinancials.Document: NICO Holdings Limited (NICO.mw) 2020 interim results for the half year.Company ProfileNICO Holdings Limited provides products and services for general insurance, life insurance and pension administration in the corporate and private sector of Malawi; with interests in banking, asset management and information technology services. NICO Holdings Limited operates in Malawi, Zambia, Tanzania, Uganda, Mozambique and Zimbabwe. It was established in 1965, and was the first general insurance company to list on the Malawi Stock Exchange. Its general insurance division covers segments that range from personal accident and household insurance to construction, engineering, professional indemnity, marine hull and cargo, fire and loss of profits. NICO Holdings Limited also offers insurance for individuals and corporate clients which includes endowment assurance and savings protection. The company has a corporate banking division offering standard products and services, aswell as solutions for foreign exchange, investment management and women business programmes. NICO Holdings Limited has invested in providing technology services to clients, including software and Internet systems and communication solutions, card technology and surveillance systems. NICO Holdings Limited is listed on the Malawi Stock Exchange
Tencent released 2015 fourth quarter earnings and full year earnings. Fourth quarter, Tencent revenue of 30 billion 400 million. Annual revenue exceeded 100 billion, reaching 102 billion 900 million. It can be said that Tencent 2015 biggest highlight is the online advertising revenue, annual revenue of $17 billion 500 million. Tencent fourth quarter online advertising revenue grew by 118%, reaching RMB 5 billion 733 million yuan. The effect of advertising revenue grew 157% to $2 billion 916 million, mainly in the QQ space mobile version, WeChat public account advertising and the new WeChat circle of friends advertising revenue increased.
after a few years in the commercialization of exploration, network advertising has become a game, the new engine of Tencent revenue. For advertising revenue, Ma Huateng said: we launched a new form of social advertising, technology to help advertisers reach the Internet users, while promoting the rapid growth of our advertising revenue. "
advertising revenue growth of
game is still the main source of revenue for Tencent. 2014 78 billion 900 million total revenue, online games accounted for 44 billion 700 million, accounting for the proportion of 56.7%. In 2015 102 billion 900 million of total revenues, online games accounted for 56 billion 600 million, accounted for 55%, accounted for a slight decline.
and game revenue began to enter a relatively slow growth is different, Tencent’s advertising revenue is rising, accounting also began to improve. 2009, Tencent advertising revenue of less than 1 billion, accounting for only 7.7% of total revenue, to reach a total of 17 billion 500 million in 2015, accounting for up to $17%. On the one hand is the advertisers in the Tencent video, Tencent news channels such as the increase in brand advertising, on the other hand, because of the rapid growth of social advertising Tencent. The effect of Tencent in the fourth quarter advertising revenue grew 157% to 2 billion 916 million yuan, mainly due to the QQ space, WeChat mobile phone version of the public accounts and advertising the new WeChat advertising service revenue increased the circle of friends.
a few years ago, has been social advertising as a new form of advertising, advertisers especially brand advertisers do not like. Tencent in terms of advertising traffic, especially social advertising has failed to achieve a breakthrough. June 2011, the Tencent Partner Conference, Ma Huateng announced the opening of the eight Tencent strategy, the official opening of the open door. In November of the same year the Tencent launched social advertising system "wide open", follow Facebook News Feed ads to commercial realization. Through the wide point, advertisers can in the Tencent’s social products include QQ space, Q>