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Originally published by Capital Business
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business
April 7, 2026
2h ago

NBV flags profit drop on weak market conditions

NBV flags profit drop on weak market conditions

The company said its full-year earnings are expected to decline by at least 25 percent compared to the year ended March 2025. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Nairobi Business Ventures (NBV), a diversified company with interests in aviation, heavy vehicle maintenance, retail, and manufacturing, has issued a profit warning for the financial year ending March 2026, anticipating a significant decline in earnings due to challenging market conditions.

  • Profit is expected to drop by at least 25 percent compared to the year ended March 2025.
  • The company's board cited a difficult operating environment impacting all business segments.
  • This warning follows a 11.1 percent net profit decline in the year to March 2025, when revenue fell by 37.3 percent to Sh508 million.

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