Live
Carbacid share price up 5.4 per cent after releasing full year results
- Carbacid share price up 5.4 per cent in early trading today after reporting Sh1 billion profit last week.
- Nairobi Securities Exchange shares continue to surge, rising 9 per cent in early trading today.
- African Originals report Sh10.3m profitAfrican Originals Limited, the parent of Savannah Beverages - the makers of Kenyan Originals beverage, have reported a profit of Sh10.3m for the year ended 31 December 2024 according to latest filings by the company. This is an improvement in performance compared to the Sh35m loss they reported during the same period in 2023.African Originals raised Sh260m in Series A funding round last year led by Phoenix Beverages Limited, who are the top shareholders owning 34.9% stake in the company.Bloomberg reported in April that African Originals is looking to raise more funds to fund expansion to meet growing demand of its products. The company entered Uganda earlier this year.
- KCB Group shares down 5% in early tradingKCB Group share price has dropped Sh2.75, or 5.1%, to Sh51 in early trading today. This is after closing its books for the interim dividend(Sh2.00) and special dividend(Sh2.00).The dividend is payable on or about 11th November 2025.
- Kenya business confidence rises to 30-month highThe Stanbic Bank Kenya headline PMI released yesterday showed near recovery to business conditions across the private sector in August, after July data pointed to a slump in business activity due to weak sales and protest-led disruption.The headline PMI from Stanbic Bank Kenya increased from 46.8 in July to 49.4 in August. This means that the private sector is contracting but at a much slower rate, after a 12-month low in July.
- Limuru Tea widen pre-tax loss to Sh22.2mLimuru Tea has reported that pre-tax losses have widened to Sh22.2m in the half year to 30 June 2025, from Sh19.6m it reported in 2024.The company blamed rising labour expenses, decline in market prices and foreign exchange challenges in key tea markets for the decline in performance.The company's share price is unchanged at Sh310.25, with no trade executed in early trading today.
- Home Afrika posts 15% rise in half year profitsHome Afrika has posted a profit of Sh192.4m, a 14.6% rise from the Sh167.8m it posted last year.The company attributed the rise in profit to revenue growth boosted by completion of Migaa Golf Course, with revenues increasing to Sh359.4m from Sh309.4m posted last year.Jayne Nyokabi, Home Afrika's managing director, says:"Growth was fueled by higher title issuance, recognition of deferred income, and increased deposits for residential plots. Revenue from other income has also increased by 132% this is majorly from the golf activities and tournments at our Migaa Golf Estate"The company's share price has surged 10% in early trading today, following the news, to trade at Sh0.97.
- Profits surge at Crown PaintsCrown Paints has reported that pre-tax profits jumped to Sh548m in the half-year to 30 June 2025, up from Sh147m over the same period last year.The company's revenue jumped 20% to Sh7.4 billion from Sh6.2 billion, with management attributing the growth to increase in sales volumes.The board of directors did not recommend payment of an interim dividend.The share price is up 0.3% in early trading today, trading at Sh48 following the half year results announcement.
- Jubilee Holdings half year profit up 22% to Sh3.1bnJubilee Holdings has reported a 22 per cent growth in its half year earnings for the six month period ended June 2025. Net profit grew 22 per cent to Sh3.1 billion from Sh2.5 billion reported during the same period last year. Earnings per share surged to Sh41.63 compared to Sh34.59 posted last year.The company retained its interim dividend at Sh2.00 per share to be paid to shareholders on the company's register at the close of business on 5th September 2025, and will be paid on or about 9th October 2025.