profit

43 Articles
Absa Bank Kenya Managing Director & CEO - Abdi Mohamed
BUSINESS

Absa Kenya Delivers 28% Growth in 2024 Net Profit

Absa Bank Kenya PLC has announced improved financial results for the year ended 31 December 2024, with net earnings rising by 28% to...

KCB 2024 profit
BUSINESS

Investors Reap Ksh9.6B as KCB 2024 Profit Hits New High

KCB 2024 profit after tax grew by 64.9% to Ksh61.8 billion, accelerated by strong top-line expansion across all businesses. This was a rise...

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.