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Centum posts 75 pct rise in pre-tax profit

11 November 2015, 18:58

Nairobi - Centum Investment Company reported on Wednesday a 75 percent rise in pre-tax profit at KES 2.246 billion ($22 million) for the six months to September 30.

Centum, which invests in listed and private firms and has been expanding investments in real estate, reported a pre-tax profit of 1.285 billion shillings in the same period a year earlier.

Total income surged to 8.384 billion shillings for the first half from 1.897 billion shillings, Risper Mukoto, managing director of Centum Capital, a unit of Centum, told an investor briefing.

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- Reuters


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