T
Originally published by The Standard Business
📰 Read Full Article
November 28, 2025
5h ago

Centum half-year profit jumps to Sh472m, as debt falls by 12pc

Centum half-year profit jumps to Sh472m, as debt falls by 12pc

Investment firm Centum has posted a 6.1pc rise in half-year after-tax profit, on the back of improved performance in its trading and real estate units and a significant reduction in finance costs...

✨ Key Highlights

Centum, an investment firm, announced a 6.1 per cent increase in its half-year after-tax profit, reaching Sh472 million for the period ending September 30, 2025. This growth was driven by stronger performance in its trading and real estate units and a significant reduction in finance costs due to debt repayment.

  • Centum's borrowings decreased by 12 per cent to Sh605 million, with finance costs slashed by 66 per cent.
  • Group Chief Executive James Mworia highlighted progress in the Centum 5.0 strategy, focusing on cash generation and debt reduction.
  • The company's Net Asset Value per share increased by 3 per cent to Sh68.75, and its total liabilities declined by a significant 20 per cent.

Continue Reading

Read the complete article from The Standard Business

📰 Read Full Article