Kenyan Companies Report Mixed Half-Year Financial Results for Period Ending June 2025 - August 2025

Several Kenyan companies announced financial results for the half-year ending in June 2025. Kenya Re announced a 50% profit growth to KSh 1.58 billion, driven by higher investment income and a 97% reduction in foreign exchange losses. M Oriental Bank reported a 19.2% rise in profit to KSh 93.1 million and will hold an EGM to propose issuing new shares to address capital requirements. Conversely, CIC Insurance Group reported a 10% decline in half-year profit to KSh 638.5 million, which was cushioned by strong investment income. Other firms narrowed their losses, with Express Kenya PLC reducing its net loss to KSh 42.9 million and Flame Tree Group Holdings narrowing its losses to KSh 76 million. Express Kenya is also pivoting to real estate through a KSh 13 billion diversification plan to counter ongoing financial pressures.