Mozambique: Lam Records Net Profit of 5.3 Billion Meticais

Maputo — The publicly-owned company Mozambique Airlines (LAM) has recorded a net profit of approximately 5.3 billion meticais (82.9 million US dollars at the current exchange rate), during the 2025 fiscal year.

In a statement, the company revealed that this figure contrasts with a loss of 3.9 billion meticais recorded in 2024. The 2025 results show a reduction in liabilities of approximately 13 percent, accompanied by a significant decrease in debt to suppliers, as well as a 37 percent growth in…