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Originally published by Capital Business
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business
August 13, 2026
2h ago

Car & General net profit up four-fold to Sh2.6bn

Car & General net profit up four-fold to Sh2.6bn

NAIROBI, Kenya, Aug 13 – Car & General (C&G) profit after tax grew more than four-fold to Sh2.6 billion in the half year ending June 30, 2026, boosted by increased…..

✨ Key Highlights

Car & General (C&G) has reported a significant increase in its net profit for the first half of 2026, driven by robust sales growth across its key markets.

  • Net profit soared to Sh2.6 billion, a more than four-fold jump from Sh637 million in the same period last year.
  • The company, which sells motorcycles and other products, saw increased sales in Kenya (40 percent), Uganda (35 percent), and Tanzania (22 percent).
  • C&G Chairman Nicholas Ng’ang’a attributed the performance to strong sales and increased profits from its associate, Watu, which focuses on mobile-phone financing.

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