BK Group profit after tax up 5.4pc to Sh2.29bn
NAIROBI, Kenya, June 4 - BK Group has reported a profit after tax of Sh2.29 billion billion for the first quarter of 2025, representing a 5.4 percent Kenya breaking news | Kenya news today |..
✨ Key Highlights
BK Group has announced a profit after tax of Sh2.29 billion for Q1 2025, marking a 5.4 percent increase from the previous year, attributed to improved net interest income and cost management.
- Net interest income rose 11.2 percent to Sh4.57 billion
- Uzziel Ndagijimana, CEO of BK Group, emphasizes resilience amidst macro challenges
- Basic earnings per share increased to Sh9.85, up from Sh8.90 in FY 2024
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Business Trends and Economic Developments
Private sector activity slowed in May as demand and new orders decreased. Kenya's flower exports are expected to increase in 2025 due to growing demand. BK Group reported a 5.4% rise in profit after tax. The government announced plans to support start-up innovation through reforms, while Treasury hinted at restructuring the affordable housing levy.
