Equity Bank 2009 full year profit slowed down to a mere 5%, from Ksh.5.02 billion at the end of 2008 to Ksh.5.278 in the period under review, after recovering from a 15% half-year dip in profit. The bank late last year indicated it expected to record a 20% growth in profit for the full year, [...]
East African Breweries has announced that their FY2009 net profit declined by 5%. The local brewer reported a net profit of KES 7.1 billion for the Financial year ending June 30, 2009 compared to KES 7.5 billion reported in FY2008. Net revenue increased by 6% from KES 32 billion in FY2008 to KES34 billion in [...]
Related Financial Statements: Balance Sheet, Income Statement & Cash Flow Statement Marshalls E.A released their half year financial results for the 2008 financial year. Marshalls reported a 42% drop in sales and 36% drop in gross profit. According to the results, administrative expenses decreased by 6.9% while other operating income increased by 71.6%. Discontinuation of [...]
Pan Africa Insurance Company through its subsidiary Pan Africa Life Assurance Limited provides the underwriting of all classes of long-term insurance business with the exception of industrial life insurance. The Group has interests in a wholly owned investment company PA Securities Limited, and an associate general insurance company, APA Insurance Limited. The company was incorporated [...]
FINANCIAL STATEMENTS: Barclays Bank’s Annual and Quarterly Financial Statements Standard Chartered Bank’s Annual and Quarterly Financial Statements KCB’s Annual and Quarterly Financial Statements Profitability Barclays recorded the highest profit before tax (PBT) of ksh.7.1 billion followed by Standard chartered with Ksh.4.9 billion and KCB with Ksh.4.2 billion. KCB and Standard Chartered registered impressive growth levels [...]