Chamwe Kaira
Namibia Asset Management Ltd (NAM) expects earnings per share and headline earnings per share for the six-month period ended 31 March 2026 to increase by between 20% and 30% compared to the same period last year.
In a trading statement issued on 7 May, the company said earnings per share are expected to increase from 3.46 cents recorded in March 2025 to between 4.15 cents and 4.50 cents.
Headline earnings per share are also expected to rise from 3.46 cents to between 4.15 cents and 4.50 cents during the reporting period.
NAM anticipates a stronger growth of between 40% and 50% in fund management earnings per share.
The company projects fund management earnings per share to increase from 3.22 cents to between 4.51 cents and 4.83 cents.
The trading statement was issued in line with Namibia Stock Exchange listing requirements, which require listed companies to notify shareholders when financial results are expected to differ significantly from the previous reporting period.
NAM warned shareholders that external auditors have not yet reviewed the financial information in the trading statement.
The company anticipates releasing its reviewed condensed group financial results for the six-month period on or around 22 May.
NAM is chaired by Llewellyn Smith, while Tarah Shaanika serves as chief executive officer.
The company is the largest locally owned asset management company in Namibia and the only Namibian-listed asset manager on the Namibia Stock Exchange.
NAM previously reported growth across several financial indicators for the year ended 30 September 2025.
Operating profit increased to N$16.1 million from N$13.7 million the previous year.
Fund management earnings rose to N$10.7 million from N$9.4 million in 2024.
Total comprehensive income reached N$12.4 million.
Basic and headline earnings per share increased to 7.89 cents from 6.99 cents in 2024.
Net asset value per share improved to 21.48 cents.
Assets under management grew by 9.9% to N$22.2 billion.
