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Originally published by Capital Businessbusiness
August 13, 2026
1h ago
Sanlam half-year net profit rises fourfold to Sh124.6mn
The company said the growth was supported by an increase in insurance revenue to Sh2.2 billion...
✨ Key Highlights
Sanlam Allianz Holdings (Kenya) has announced a significant surge in its net profit for the first half of 2026, reaching Sh124.6 million, a fourfold increase from the same period last year.
- Net profit of Sh124.6 million for the half-year ended June 30, 2026.
- The company, a listed non-bank financial services provider, attributes this growth to increased insurance revenue to Sh2.2 billion.
- Group Chief Executive Officer Dr Nyamemba Patrick Tumbo highlighted the company's focus on growth, cost reduction, and a balance sheet exceeding KSh40 billion.
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