profit warning
Management Explains Centum Profit Warning
Management has issued Centum profit warning for the financial year ending 31st March 2025, saying net profit will be at least 25% lower...
BT Correspondent2 Mins read
WPP Scangroup Issues Profit Warning as Former CEO Demands Billions
Marketing and communications company reveals situations negatively impacting its earnings this year
KALU MENGO2 Mins read
Nation Media Group to Sack Hundreds of Employees in Fresh Layoff
Nation Media Group, the listed regional media company, is set to fire 600 employees, including journalists, at the end of April 2024. The...
BT Reporter2 Mins read
Company That Makes Sh1.3B Loss Monthly And Still Flies High
National carrier Kenya Airways (KQ) in January issued a profit warning, saying it expects to report an even bigger loss for the year...
KALU MENGO2 Mins read
NMG New Business Model Pushes Out More Employees
The Nation Media Group, reeling from the effects of Covid-19 and market shifts, is today set to announce a major restructuring of its...
BT Correspondent2 Mins read
Going Gets Tougher as NMG Stares at Massive Drop in Profit
In a development that bodes ill for news business in Kenya, the Nation Media Group has issued a profit warning, the first time...
BT Correspondent3 Mins read
Nairobi Business Ventures Issues a Profit Warning
Nairobi Business Ventures, the fashion retailer operating the K-Shoe brand, has issued a profit warning, indicating that its profit for the financial year...
BT Correspondent2 Mins read
Kenya Power Stares at Bigger Losses as Revenues Shrink
Kenya Power has issued another profit warning, stating its net earnings for the financial year ended 30th June 2019 are projected to decline...
BT Reporter2 Mins read
Home Afrika issues profit warning as property sales decline
Listed real estate developer Home Afrika has issued a profit warning for the financial year ended December 31, 2018 with the firm blaming...
Mike Njoroge1 Mins read
