profit

55 Articles
Kenya Power MD and CEO Joseph Siror
BUSINESS

Kenya Power Defies Profit Slump with Record 900pc Share Price Rally

Kenya Power has reported a profit after tax of Ksh 24.47 billion for the 2024/25 financial year, down 18.7 per cent from the...

Shri Krishana Overseas (SKL) Limited Managing Director Sonvir Singh
BUSINESS

SKL Profit Falls to Ksh2.03M on Kisaju Plant Costs

Shri Krishana Overseas (SKL) Ltd has reported a profit of Ksh 2.03 million for the period ended June 30, 2025, a sharp drop...

Standard Chartered
BUSINESS

Standard Chartered Starts Settling Ksh7B Pension Bill Amid Investor Jitters

Standard Chartered has started collecting data from the 629 former employees awarded a Ksh 7 billion pension payout after the Supreme Court upheld...

CIC Insurance Group building. PHOTO/CIC website
BUSINESS

CIC Insurance Revenue Up to KSh 13.9B as Profit Drops 10pc

CIC Insurance Group PLC has announced its half-year financial results, showing steady growth in its insurance business alongside a strong boost from investment...

NCBA Bank Centre.
BUSINESS

NCBA Posts 12.6% Profit Growth in First Half of 2025

NCBA Group PLC has posted a notable improvement in its financial performance for the first half of 2025, with profit after tax rising...

Old Mutual building
BUSINESS

Old Mutual Profits Nosedive in First Half of 2025

Old Mutual’s investment income rose impressively to Ksh 4.2 billion in the first half of 2025, up from Ksh 3.7 billion the year...

Family Bank CEo Nancy Njau
BUSINESS

Family Bank Half-Year Profit Surges to Ksh 2.2 Billion, Lifted By Interest Income

Family Bank Group has posted a 38.7% increase in profit after tax to Ksh 2.2 billion for the six months ended 3oth June,...

The lender said the results reflect strong risk management, disciplined execution, and continued investment in areas that deliver long-term growth.
BUSINESS

Absa Bank Half-Year Profit Rises to KSh 11.7 Billion Despite Tough Economy

Absa Bank Kenya has reported a 9 per cent jump in profit after tax to Ksh 11.7 billion for the half-year ended June...

CIC Insurance Group building. PHOTO/CIC website
BUSINESS

CIC Records 18% Microinsurance Uptake and Ksh 3.9 Billion Profit in 2024

CIC Insurance Group Plc has reported a notable growth in its microinsurance policies, rising from 11 per cent in 2023 to 18 per...