Chams HoldCo Lists Key Achievements, Assures Investors

Chams Holding Company Plc, a leading technology company in Nigeria has unveiled its key achievements despite the tough operating environments, explained the outlook for the second half of the year and assured the shareholders of superior return on investment. 

Besides, the Nigerian Exchange Limited (NGX) and stockbrokers have commended Chams for its innovative products and services and urged the company to sustain the momentum to boost its revenue steam and enhance shareholder value. 

Addressing the Management of Nigerian Stock Exchange Limited (NGX) and stockbrokers during the Company’s Facts behind the Figures at NGX in Lagos at the weekend, the Group Managing Director, Mrs Mayowa Olaniyan, who made graphical presentation of the Company’s recent outstanding financial performance, listed seven key achievements, including changing of business model to platform model, transformation into non-operating holding structure , business expansion, development of PenCentral solution and strong financial performance among others.

“We possess the highest Fintech Lincense category which has changed the business model to platform model. Our non-operating HoldCo structure is cost effective. We have expanded Perso Bureau to include SIM card production. Chamsswitch has received certification by UnionPay Internarional, the biggest card scheme, “said Olaniyan. 

Corroborating her, the Company’s Chairman, Demola Aladekomo, said Chams had weathered the storm to come out stronger and would continue to play pivotal role in the technology space globally. 

Aladekomo stated that Chams’ biggest asset was its quality Staff who he described as some of the brightest in the industry.

In his welcome address, the Divisional Head, Capital Market, NGX, Mr Jude Chiemeka commended the Board and Management of Chams for providing an up-to-date information of the Company’s financial performance, strategic and operational developments to the Exchange and Stockbrokers.