Here are some of the key updates from the 22nd Annual General Meeting.
NEL registered a $2 billion increase in net profit form the previous year
Between March 2021 to February 2023, NEL's share priced increased from $2.90 to $3.99
NEL's financial year has changed in keeping with the government's fiscal year. The year-end will now be September 30th
For the fiscal year 2022. NEL experienced the highest retained earnings for past five years. In financial year 2022, NEL reported retained earnings of $2.7 billion whereas in 2021, the earnings reported was $407 million
