Nation | by Paul Wafula
Carbacid has reported a 22 per cent jump in net profit for the year ending July 2020, making it one of the few companies to report double-digit growth in earnings in the Covid-19 year.
The firm, which manufactures carbon dioxide for beverage and brewery industries, reported a Sh324 million profit-after-tax, up from Sh264 million reported in a similar period last year.
Its turnover grew 8 per cent to Sh682 million for the year ended July 31, compared to Sh264 million in a similar period in 2019…
