Centum falls into Sh1.98bn half-year loss



Business Daily | by Patrick Alushula


Centum Investment Group has posted Sh1.98 billion half-year net loss, hurt by a drop in both sales and investment income.

The performance was a stark contrast from Sh6.79 billion net profit in a similar period last year.

The huge decline was majorly contributed by the absence of any one-off benefits as was the case last year when it booked Sh12.4 billion net gain on disposal of three investments…

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