profit

41 Articles
NCBA Q3 Profit 2024
BUSINESS

CEO Bullish as NCBA Q3 Profit Jumps to Ksh15 Billion

NCBA Q3 Profit after tax rose to Ksh15.1 billion in its Q3 2024 financial results which is a 3% increase compared to Ksh14.6...

Kenya Power MD Joseph Siror
BUSINESS

Kenya Power Profit Shock: From Loss to Sh30 Billion Net Earnings

Kenya Power recorded a Ksh30 billion net profit for the year ended 30th June 2024, a marking a dramatic return to profitability backed...

Old Mutual Holdings kenya
BUSINESS

Sweetheart Deal With Shareholders Lifts Old Mutual Group From Loss to Sh327M Profit

Old Mutual Holdings PLC has announced a profit after tax of Ksh327 million for the first half of 2024, a remarkable turnaround from...

Family Bank MD & CEO Nancy Njau copy
BUSINESS

Family Bank First Quarter Pre-Tax Profit Hits Sh1.3B

Family Bank Group has posted a Ksh1.3 billion profit before tax for the period ended 31st March 2024, representing a 24.3% growth from...

NBK profit 2024
BUSINESS

NBK in 217% Profit Growth as Recovery Gathers Momentum

National Bank of Kenya (NBK) has posted a pre-tax profit of Ksh535 million in its 2004 first quarter financial results, representing a 217%...

DIB Bank Kenya
BUSINESS

Dubai Linked Islamic Bank Reports First Ever Profit 

DIB Bank Kenya (DIBBK), a wholly owned subsidiary of Dubai Islamic Bank PJSC (the largest Islamic bank in the UAE), announced its results...

turning passion into profit
ENTERPRISE 101

How to Turn Your Passion into a Profitable Business

It may sound like a dream, but with the right approach and mindset, you can transform your passion into a source of income.

Absa Bank MD & CEO Abdi Mohamed during the FY investor briefing
BUSINESS

Sh8.4B Dividend for Absa Bank Kenya Shareholders

Absa Bank Kenya shareholder are a happy lot after the bank reported strong performance for the full year 2023 as net profit increased...

Kenya Power profit 2021
BUSINESS

Kenya Power Bounces Back To Post Sh8.2B Pre-Tax Profit

The strong performance was mainly driven by growth in sales and revenue, as well as a double digit reduction in costs and expenses....