profit
Kenya Airways ongoing recovery and turnaround initiatives have resulted in the airline recording an operating profit of Ksh 10.5 billion for the year ended December 31, 2023, compared to an operating loss of Ksh 5.6 billion in the prior year, representing a 287% growth. The Group’s total revenue increased by 53% to close at Ksh […]
I&M Group PLC has recorded a Profit After Tax of KES 13.3 billion for the year ended 31st December 2023. The regional financial services provider with operations in Kenya, Rwanda, Tanzania, Uganda and Mauritius, attributed the 15% growth in its profits to an increase in its operating income. In the context of the Group’s strategic […]
Stanbic Holdings Plc has announced a KES 12.2 billion profit after tax and a total dividend payout equivalent of 50% of its earnings for the financial year ended December 31, 2023. The financial services provider with operations in Kenya and South Sudan, attributed the 34% year-on-year growth to improved net interest margins, balance sheet growth […]
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