Kenyan Wall Street | by Miriam Wangui
Homeboyz Entertainment Plc, an entertainment company in East Africa, says that its net profit for the year ending December 31st 2020 is expected to be considerably lower than the net profit reported at the end of December 31st 2019. In 2019, Homeboyz entertainment posted a net profit of KSh36.6 million.
The company expects its financial performance to improve as the economy recovers from the negative effects of the pandemic.
In a statement to investors, Homeboyz says it has secured contracts with “the Kenya Football Federation, Kenya Rugby League, WRC Safari Rally…
