Chamwe Kaira
Namibia Asset Management Ltd (NAM) has reported improved financial results for the six months ended 31 March 2026, supported by higher operating profit, stronger fund management earnings and growth in assets under management.
According to the company’s reviewed interim financial results released on the Namibian Stock Exchange, operating profit increased to N$9.4 million from N$7.3 million recorded during the same period in 2025.
Fund management earnings rose to N$7.3 million from N$5.1 million, while total comprehensive income increased to N$6.1 million from N$5.5 million recorded a year earlier.
Basic earnings per share improved to 4.27 cents from 3.46 cents. Diluted earnings per share increased to 3.87 cents from 3.19 cents.
Net asset value per share rose to 18.43 cents, compared to 16.78 cents recorded in March 2025.
The company’s assets under management increased by 4.1% during the reporting period to N$23.1 billion, up from N$22.2 billion recorded in September 2025.
Average assets under management increased by 15.8% year-on-year from N$20.2 billion to N$23.4 billion.
NAM said the global economy continues to face volatility and uncertainty, with ongoing crises creating difficult market conditions for investors.
Despite the market conditions, the company said it remains confident about its long-term outlook, citing its experience in navigating economic cycles and market disruptions over the past three decades.
The firm said periods of uncertainty continue to create opportunities for investors, especially in stock selection.
NAM added that it remains focused on delivering long-term investment performance for stakeholders while maintaining a resilient and well-capitalised business.
