profit warning

22 Articles
Kenya Re
FEATURED STORY

Kenya Re staring at over 25% profit slump

The downward slide in profit in 2018 by Kenya Re will see the firm’s net earnings for the year end drop by more...

FEATURED STORY

Crown Paints anticipates Sh56m drop in 2018 profit

According to paints manufacturer's Board, the Group has been adversely affected by difficult market conditions in all the subsidiaries in Tanzania, Uganda and...

STOCKS

Britam issues profit warning as NSE bear run continues

In a notice placed in sections of the Kenyan press, the investment company said its earnings are expected to drop by at least...

FEATURED STORY

Sameer Africa issues profit warning, earnings set to plunge 25%

The company is considering pulling out Tanzania, Uganda, Burundi as its subsidiaries in these markets continue to post losses

FEATURED STORY

EAAGADS issues profit warning

Coffee firm says its earning for the current financial year are likely to drop by at least 25% on lower coffee volumes offered...

FEATURED STORY

Life suddenly hard for CEO who earns Sh1 million per day

Will Centum Investment profit warning be the beginning of the end for the generous compensation packages for management?

FEATURED STORY

Kirubi’s firm suffers financial stress

Centum cites political jitters, lack of access to credit by private sector and deferred recognition of realised gains from assets disposal for expected...

FEATURED STORY

StanChart gross profit drops 24.2% to Sh10.1b

CEO Lamin Manjang says the dip is attributable to an increase in the non-performing loans portfolio and the financial impact from the interest...

Nation
FEATURED STORY

How NMG played tricks to avoid 2017 profit warning

CEO Joe Muganda had approached the board with a proposal to lay off staff in October but a decision was delayed after it...