BAT Kenya declares Sh70 dividend as profit rises 18pc
The cigarette manufacturer reported gross profit of Sh7.7 billion, up from the previous year, despite a 10 percent drop in net revenue to Sh23.2 billion from Sh25.7 billion. Kenya breaking news | Kenya news today |..
✨ Key Highlights
BAT Kenya has declared a total dividend of Sh70 per share, following an 18 percent rise in gross profit for the year ending December 31, 2025. Despite this positive financial performance, the company experienced a decline in net revenue.
- Gross profit reached Sh7.7 billion.
- The key organization involved is BAT Kenya.
- A significant challenge mentioned is the 45 percent prevalence of illicit cigarettes in the domestic market, costing the government an estimated Sh12 billion annually.
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BAT Kenya declares Sh70 dividend as profit rises 18pc - February 2026
BAT Kenya has declared a total dividend of Sh70 per share, following an 18 percent rise in gross profit for the year ending December 31, 2025. Despite this positive financial performance, the company experienced a decline in net revenue. Separately, Walmart has agreed to pay $100 million to settle claims that it misled gig workers using its Spark Driver app about their pay and tips. Meanwhile, Twitter co-founder Jack Dorsey's company Block is implementing significant layoffs, cutting its workforce by nearly half, from 10,000 to less than 6,000 employees as it embraces AI.
