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Originally published by The Kenyan Wall Streetbusiness
September 1, 2025
1d ago
Home Afrika Builds on 2024 Turnaround With 15% H1 Profit Rise
Home Afrika posted 192.4M profit before tax in H1'25, up 15% from last year, driven by 16% revenue growth, lower finance costs, and Migaa Golf Estate income...
✨ Key Highlights
Home Afrika Limited reported a 14.6% profit increase to KSh 192.4 million for the first half of 2025, building on its turnaround in 2024. This growth was driven by higher revenues, reduced operating costs, and successful debt restructuring.
- Profit after tax rose to KSh 192.4 million in H1 2025, from KSh 167.8 million in H1 2024.
- Home Afrika Limited, a listed real estate developer, was the organization involved.
- Revenue increased by 16.2% to KSh 359.4 million, significantly boosted by the completion and utilization of the Migaa Golf Course.
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