NCSL members

NCSL records profit slump

This was revealed during NCSL’s Annual General Meeting on Tuesday May 9, 2017 in Port Moresby.

According to performance indicators for last year, the company recorded a drop in Net Profit from K5.6 million in 2015 to K4 million in 2016, as well as a slump in Net Assets to K14.4 million from K15.9 million in 2015.

Despite this, the firm was able to generate a healthy K14.9 million in Total Revenue from K12.5 million.