• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Wednesday, March 3, 2021
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Centum Half Year Earnings Up 27% on PE Unit Growth

Kenyan WallStreetbyKenyan WallStreet
November 29, 2018
in Kenyan News
Reading Time: 1 min
World Bank Approves $50 Million to Boost Kenya’s SMEs

NSE Kenya listed firm Centum Investment has announced its first half of the year results, recording a 27% growth in net profit to Ksh2.08 billion mainly driven by an 85.8% jump in investment income to Ksh4.09 billion.

The firm’s private equity business reported a 300% profit growth due to improved performance from Sidian bank, Longhorn publishers and the completion of the disposal of GenAfrica Asset managers which realized a gain of Sh 1.2 Billion.

Its real estate unit which is currently comprised of Two Rivers development, Vipingo development and Pearl Marina development, gained traction with revenue potential for pre sales and land development sales at Sh 1.8 billion as at September 2018.

ADVERTISEMENT

On other hand, marketable securities with a portfolio of Ksh3.5 billion realised investment income of Ksh130 million in the 1H19 period.

Centum Investments Group to raise between Ksh40 billion and Ksh50 billion in a fresh PE fund to cut finance costs from expensive borrowings. pic.twitter.com/SXxN37di7p

— Kenyanwallstreet (@kenyanwalstreet) November 27, 2018



Hisa App
Previous Post

Family Bank partners with SimbaPay to launch instant transfers to China’s WeChat

Next Post

Jambojet appoints Allan Kilavuka from GE as its new MD

Related Posts

EABL Appoints Dayalan Nayager as Non-Executive Director

EABL Appoints Dayalan Nayager as Non-Executive Director

March 3, 2021
Kenya Power to Install Charging Points for Electric Cars Countrywide

Kenya Power to Install Charging Points for Electric Cars Countrywide

March 3, 2021

US Trade Rep Nominee promises to review US-Kenya Trade Deals

March 3, 2021

NSE Derivatives Market Data goes live

March 3, 2021

IMF Raises Kenya’s Economic Growth Forecast for 2021 to 7.6%

March 3, 2021

Central Bank to Tighten the Noose on Predatory Mobile Moneylenders

March 3, 2021

Britam Announces Organisational Restructure Targeting Executive Team

March 1, 2021

Astral Aviation, Kenyan Carrier eyes Middle East Cargo business

March 1, 2021
Load More
Next Post
Jambojet appoints Allan Kilavuka from GE as its new MD

Jambojet appoints Allan Kilavuka from GE as its new MD

Follow Us

  • 7.1k Fans
  • 113.6k Followers
  • 2.4k Subscribers
  • 453 Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

There are no upcoming events.

View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

Gamestop

Can the Gamestop Situation Happen in Kenya?

February 21, 2021
Hisa App

Announcing Hisa App Public Beta Launch

February 20, 2021
Absa Kenya CEO Jeremy Awori

Absa Marks One Year Since Transition, Commits KSh1.6 Billion into Digital Products

February 11, 2021
NSE Derivatives

How To Make Money Trading Derivatives In Kenya

February 9, 2021
Leila Fourie, JSE Group CEO

‘’Markets Recovery Don’t Imply Economic Recovery,’’ Leila Fourie, CEO Johannesburg Stock Exchange

December 31, 2020

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2021. Hisa Technologies. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Global Markets
    • Healthcare
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2021. Hisa Technologies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?