BUSINESS

Centum Posts Ksh472M Profit as Liabilities Fall 20%

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James Mworia - Centum Investment CEO
Centum Investment CEO, Mr James Mworia.
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Centum Investment Company has posted stronger half-year results, supported by better performance in its real estate projects and a major drop in liabilities. The company reported a 6.1 per cent rise in net profit to Ksh 472 million for the six months ending September 30, 2025.

The reduced liabilities helped Centum generate free cash flows of Sh703 million during the period, part of which was used to pay down debt.

Group CEO James Mworia said the lower liabilities improved the company’s financial position, raising the Net Asset Value per share to Sh68.75, up from Sh66.93 on March 31, 2025.

“The first half of the 2026 financial year marks good progress made across the key strategic focus areas in line with our Centum 5.0 strategy,” Mworia said.

Centum cut its borrowings by 12 per cent, reducing the debt from Sh690 million in March 2025 to Sh605 million in September 2025.

This contributed to a 66 per cent drop in finance costs. Additional payments after September have further pushed outstanding borrowings down to Ksh 440 million.

As a listed investment holding company on the Nairobi Securities Exchange, Centum focuses on identifying promising investment opportunities, supporting them to grow, and exiting when the value is optimal.

“Our focus in the second half of the 2026 financial year remains on driving cash generation and operating profitability within portfolio companies, monetising selected investments to recycle capital into high-yielding, liquid assets, disciplined cost management and paying down debt,” Mworia stated.

Centum’s total assets slightly dipped by one per cent to Ksh 49.9 billion by September 30, 2025, mainly due to repayment of shareholder loans. Total liabilities, however, dropped significantly by 20 per cent, reflecting reduced debt and other obligations.

The Group also recorded a six per cent increase in profit after tax, supported by stronger performance in its trading and real estate segments, along with a higher tax credit.

The ongoing share buyback programme, which began in October 2024, has seen 150,800 shares repurchased by June 2025 at Ksh 9.51 per share, only 0.23 per cent of the full target. Mworia noted that the company’s share price has remained above the buyback offer.

“Our share price has consistently traded above the buyback threshold of Ksh 9.51 since the beginning of the buyback on 19th December 2024, reflecting the success of the initiative,” Mworia added.

He added that the company remains confident in its strategy going forward.

“We are confident that the Centum 5.0 strategy will continue to deliver improved returns, underpinned by a strong emphasis on value optimization and free cash flow generation,” Mworia said.

Adding;

“Centum remains committed to its mission of delivering tangible wealth by building extraordinary enterprises in Africa.”

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