Sunbird Tourism reports strong growth amid expansion drive

Zimbabwe News Update

🇿🇼 Published: 08 May 2026
📘 Source: MWNation

Malawi Stock Exchange-listed Sunbird Tourism plc has unveiled a robust set of results for the year ended December 31 2025, underscoring the resilience of the country’s leading hospitality group. During the year under review, profit after-tax increaded by 17 percent to K12.5 billion, reflecting both the topline growth and tighter operational discipline. Total revenues climbed to K71.7 billion, a 31 percent increase on the prior year, buoyed by yield management strategies, targeted sales campaigns and ongoing product upgrades.

The catering division was a standout performer, capitalising on surging demand for events, conferencing and external catering services. “The group’s strategic investment continued to yield positive results. The re-established subsidiary, Catering Solutions Limited, performed well during its full year of operation, contributing to the group’s revenue and profitability,” reads part of the financial results.

The local hotel chain board declared an interim dividend of K732 million or K2.80 per share and has recommended a final dividend of K2.9 billion, which translates to K11.35 per share subject to shareholder approval. This brings the proposed total payout to K3.7 billion or K14.15 per share, up from K3.4 billion, an equivalent of K13.00 per share in 2024. Investment remained a central theme, with K21 billion channelled into product development and enhancements. On the domestic front, Sunbird Tourism plc said the environment was more constrained in 2025as the year was characterised by policy changes that affected donor-funded activities, most notably United States Government’s decision to cease funding USaid-funded projects, which effected demand from non-govoernmental organisations and other corporate clients.—The Nation

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Originally published by MWNation • May 08, 2026

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