Crown Paints posts 49 pct jump in 2013 profit
01 May 2014, 09:02
Nairobi - Crown Paints saw its revenues rise 16 percent last year, helping it post a 49 percent jump in pretax profit, it said on Wednesday.
The paints maker said its revenue rose to 5.16 billion shillings ($59.4 million) from the prior year while pretax profit increased to 333.44 million shillings.
Earnings per share grew to 9.01 shillings from 5.63 shillings, while the dividend per share was raised by 35 percent to 1.75 shillings.