Business Daily | by Victor Juma
Car and General (C&G) reported a 50 percent net profit jump in the year ended September 2020, helped by a larger tax credit and reduced costs.
The firm, which has diverse operations including property investments, poultry and sale of motorcycles, made a net profit of Sh274.1 million in the review period compared to Sh182.3 million the year before.
The board has recommended a dividend payout of Sh32 million (Sh0.8 per share) which is the same level as the previous year…
