Shri Krishana Issues Profit Warning as Borrowing Costs Surge, H1 Net Profit Falls 70%.

Shri Krishana Overseas warns of over 25% drop in full-year profits as borrowing costs surge. H1 2025 profits slid with revenue at KSh 158.7m and net profit down 70%. The newest NSE entrant faces near-term pressure despite expansion plans...

✨ Key Highlights

Newly listed on the Nairobi Securities Exchange, Shri Krishana Overseas PLC has issued a profit warning after its half-year net profit for H1 2025 plummeted by 70.4% due to surging borrowing costs associated with its expansion plans.

Net profit for H1 2025 fell to KSh 2.0 million from KSh 6.85 million in the prior year.
The packaging solutions firm attributed the decline to a 53.5% surge in finance costs to KSh 15.9 million, driven by increased long-term borrowings for its new Kisaju, Kajiado County facility.
The board warned that full-year profits will decline by more than 25%, as per regulatory requirements.