BOC Kenya Half-Year Profit Jumps 170% as Demand for Medical Gases Lifts Sales

BOC Kenya H1 2025 profit jumps 170% to KSh 166.7M as revenue grows 39%, cash flows recover and dividend maintained at KSh 2.50...
✨ Key Highlights
BOC Kenya Plc reported a significant financial uplift in the first half of 2025, with profit after tax soaring by 170% to KSh 166.7 million, primarily fueled by increased demand for industrial and medical gases.
- Revenue increased by 38.5% year-on-year to KSh 724.9 million, driven by higher volumes and customer engineering projects.
- Former chairman Kiuna Ngugi increased his stake in BOC Kenya to 17.91% in 2024 after successfully opposing a KSh 1.2 billion takeover bid.
- The company's balance sheet showed growth, with total assets rising 19.2% to KSh 2.45 billion and equity up 12% to KSh 2.13 billion.
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Read the complete article from The Kenyan Wall Street