Car & General profit jumps over fourfold to Sh2.4bn
The company attributed the growth to strong sales in its consumer segment, particularly two-wheelers in Kenya, alongside improved performance in its Tanzania operations. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Car & General (C&G) has reported a significant surge in its net profit, jumping over fourfold to Sh2.4 billion for the year ended December 2025. This impressive financial performance was driven by robust sales within its consumer segment.
- Net profit soared from Sh526 million in the previous year to Sh2.4 billion.
- The key driver was strong sales in Kenya's two-wheeler segment and improved performance in Tanzania.
- Turnover increased by 21 percent to Sh25 billion, with Uganda and Tanzania now contributing over 56 percent of total sales.
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Copia faces insolvency petition over unpaid debts - May 2026
Kenyan e-commerce firm Copia Kenya is facing an insolvency petition at the High Court concerning unpaid debts, adding to challenges in Kenya's retail sector. This follows a significant profit surge at Car & General, which reported a fourfold jump in net profit to Sh2.4 billion for the year ended December 2025, driven by robust consumer segment sales. Family Bank founder Titus Muya received Sh128.63 million in board pay for the same period. In a separate legal development, digital lender Branch International Limited won a High Court case securing the right to deduct Sh796.7 million in loan write-offs from its tax assessment against the Kenya Revenue Authority.
