Newly listed packaging material manufacturer Shri Krishana Overseas Limited (SKL) has issued a profit warning, anticipating a drop of more than 25 percent in its 2025 full-year earnings. This decline is attributed to increased borrowing costs associated with its Kisaju expansion project.

• SKL's half-year profits plunged from Sh6 million to Sh2 million due to long-term borrowings surging to Sh113 million.
• The company, which listed on the Nairobi Securities Exchange on July 24, 2024, highlighted these costs as "strategic investments" for future capacity.
• Despite a 6 percent dip in half-year revenues to Sh158 million, operating costs decreased by 9 percent to Sh29.9 million due to tightened expenditure.