BUSINESSSTOCKS

Carbacid Rewards Shareholders with Fat Christmas Dividend Cheque of KSh 509.7Million

Share
Carbacid Kenya
A Carbacid East Africa truck
Share

Carbacid Investments, a listed gas manufacturer, saw its net profit rose 12.2% to KSh 1.13 billion for the financial year ended 31st July 2026. Shareholders of the firm will be laughing all the way to the bank to cash a fat dividend cheque that is payable a week to Christmas day. This net profit has exceeded KSh 1 billion for the second consecutive year.

Carbacid Investments 2026 Results Numbers

— Revenue:  up 0.6% to KSh 2.11billion

— Operating Profit: Flat at KSh 1.35billion

— Investment Gains: up 119.8% to KSh 266.4 million

— Pre-tax profit: up 8.9% to KSh 1.40billion

— Net Profit: up12.2% to KSh 1.13billion

— EPS: up 12.2% to KSh 4.42

— Operating Cash Flow: down 14.2% to KSh 789.8million

— Borrowings: down 23.6% to KSh 382.3million

— Final Dividend: KSh 2.00 (unchanged), payable on 17th December, books closure 27th November 2026.

Carbacid Numbers: Key takeaways

— Revenue was flat despite higher volumes, as competitive pricing offset growth from new customers in East and Southern Africa.

— Gross margin held steady at 64% even though key input costs, including diesel, rose by over 20%.

— Profit growth was driven by investment gains, with KSh 199million in unrealised gains on DSE stocks and KSh 67million in realised gains on NSE stocks.

Carbacid has recorded seven consecutive years of profit growth, with earnings more than quadrupling from KSh 264.59 million in 2019.

Carbacid has never reported an annual net loss on record, maintaining an unbroken history of profitability.

According to the Carbacid Board, the Group’s turnover in its core business reached KSh 2,113 million compared to KSh2,099 million. Volume growth was achieved by acquiring new customers and by increasing sales to existing customers within the East and Southern Africa regions. However, revenue remained relatively constant due to competitive pricing and market mix.

Gross margin remained stable at 64% despite sharp increase in the cost of key inputs such as diesel by over 20%. Transport and other related products increased due to price increases occasioned by geopolitical tension that extended lead times and shipping costs.

Gains from the company’s investments at the NSE and Dar es Salaam Stock Exchange(DSE) equities positively affected the company’s financial results. Realized gains of KSh 67 million in NSE-listed stocks and unrealized gain of KSh 199 million in DSE stocks impacted the results.

Written by
JACKSON OKOTH

Jackson Okoth Writes for Business Today. He can be reached on email at [email protected]

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Equity Bank CEO Dr James Mwangi
BUSINESS

Equity Bank’s New AI Tool Can Track Workers Likely to Resign

Staff turnover remains a challenge for large organisations, particularly when experienced workers...

Quickmart outlet during the night.
BRAND VOICEBUSINESS

Quickmart Sets New 2030 Target After Ksh15B NSE Listing

Quickmart Supermarkets is preparing for a major expansion of its retail network,...

Labour Cabinet Secretary Alfred Mutua during a meeting with Saudi Arabia’s Vice Minister for Labour Abdullah bin Nasser Abuthnain, in Riyadh
NEWS

Govt Announces 293,600 Job Opportunities for Kenyans in Saudi Arabia

A total of 293,600 employment opportunities have been committed to Kenyans in...

Kenya Association of Manufacturers CEO Tobias Alando
BUSINESS

Kenyan Manufacturers Raise Alarm Over New Taxes on Exported Clinker

Kenya's cement manufacturers are raising concerns over new government charges on exported...