HF Group in Sh34b net profit

People Daily | by Jacktone Lawi

Housing Finance Group has engineered a turnaround to profitability to post Sh34 billion net profit in the first quarter of 2022, on recovery from Covid-19 pandemic shocks.

Nairobi Securities Exchange (NSE) listed firm pre-tax profit increased by 122 per cent to Sh39 million for the three months to March 2022, as it reduced non-performing loans and operating expenses. The  firm had posted a pre-tax loss of Sh178 million in the first quarter of 2021…

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