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Originally published by The Kenyan Wall Street
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business
August 29, 2025
2h ago

Britam Half-Year Profit Slips 14% to 1.74 Bn on Rising Finance Costs

Britam Half-Year Profit Slips 14% to 1.74 Bn on Rising Finance Costs

Britam posted a profit of 1.74 Bn in H1 2025, down 14% YoY, as finance costs offset 11% insurance revenue and 30% investment income growth...

✨ Key Highlights

Britam Holdings Plc reported a 14% drop in profit after tax to KSh 1.74 billion for the half-year ended June 30, 2025, down from KSh 2.01 billion a year earlier. This decline occurred despite strong investment income and double-digit growth in insurance revenue, as rising finance costs impacted profitability.

  • Net investment income surged 30% to KSh 17.3 billion, bolstered by KSh 10.6 billion in dividend income.
  • The involved organization is Britam Holdings Plc, a listed financial services firm.
  • Insurance revenue increased 11% to KSh 19.7 billion, driven by growth in both life and general insurance segments, yet higher finance expenses eroded margins.

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