Unga Group, a Kenyan-based company in the business of flour milling and manufacturing of a human nutrition products and animal feeds has reported impressive performance for the six month period ended December 2017.
Here are the Key highlights
- Revenue: grew by 8.1% to Sh 11.1 Billion.
- Operating profit grew massively by 314.3% to Sh Sh 716.8 Million
- Profit before tax increased by 283% to Sh 733.1 Million while profit after tax increased by 285% to Sh 511.1 Million.
- Total assets increased by 4.6% to Sh 10.7 Billion.
- Cash and cash equivalents at end period declined by 0.8% to Sh 1.1Billion.
- The company’s board did not recommend any interim dividend
RELATED; US Conglomerate seeks to buy out Unga Group minority shareholders at 37% premium
