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Car&General Huge Net Earnings lights up NSE

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Car&General
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Car& General sterling financial performance in 2025 that saw its net earnings rise 365% to KSh 2.93 billion against KSh 526Mn made during the previous financial year. and a 327.1% rise in Dividend per Share to KSh 3.42 continues to excite Investors at the Nairobi Securities Exchange(NSE).

When trading ended 4th May 2026, Car&General share price at the NSE rose 9.59% to close at KSh80.00 from the previous close, making it the top price gainer. The counter has been rising rapidly after a 20% on April 30th, following a quadrupled dividend payout declared.

The firm had risen from lows of between KSh 65-69 in late April, driven by high demand. The book’s closure in on June 24th 2026 with a dividend payment date of June 30th 2026, according to the NSE Corporate Actions calendar.

According to Car&General financials in 2025, Revenue was up 21.0% to KSh 25.34Bn pushing up its Gross profit 45.2% to KSh4.66Bn.

The listed motor dealer saw its Operating expenses rise16.8% to KSh 3.05Bn while Finance costs rose 70.8% to KSh 672.5Mn.

Earnings per Share, an indicator of profitability was up 372.1% to KSh 30.50 while Cash and cash equivalents were up 489.9% to KSh 552. 9Mn.Total Equity rose 42.1% to KSh 8.26Bn

Car & General’s net profits were supported by stronger revenue, higher gross profit, and a sharp increase in share of profit from an associate to KSh 1.69Bn.

Sales in Uganda and Tanzania now represent over 56% of Car& General Group Sales.

Other top gainers at the NSE on May 4th 2026 include Longhorn Publishers which was up 5.41% to KSh 3.12, Africa Mega Agricorp 4.62% to KSh 113.25, TotalEnergies Kenya was up 4.04% to KSh 46.40 and Olympia Capital which was up 3.88% to KSh 7.50.The losing counters were led by Flame Tree which declined 10.28% to KSh 1.92 followed by Absa Bank Kenya whose share price fell 6.72% to KSh 28.45, Standard Chartered Bank Kenya, which declined 6.70% to KSh 327.50, Nation Media which fell 5.73% to KSh 13.15 and Co-Op Bank whose share price fell 5.59% to KSh 29.55.

The NSE was down 1.58 points to 203.76, the NSE 20-share index lost 44.01 points to 3503.52. The Banking Index was down 4.46 points to 231.67. The NSE 10 Share Index lost 61.43 points to close at 5606.54.

Established in 1936 in Nakuru, Car & General is now the company behind a wide range of power generation, automotive, construction and industrial engineering products in East Africa.

Today, its product range represents several international brand names.

 

 

Written by
JACKSON OKOTH -

Jackson Okoth writes for Business Today. He can be reached on email at editor [at] businesstoday.co.ke

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