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Centum H1 net profit up 55pc, costs rally
Centum CEO James Mworia during a past event. The investment firm's earnings were significantly boosted by income which grew by 342 per cent. PHOTO | FILE
Listed investment firm Centum has posted a 55 per cent growth in half year net profit buoyed by a surge in investment income which grew by nearly three and a half times to Sh8.4 billion.
The company’s after-tax earnings for the six months to September increased to Sh1.9 billion from the Sh1.23 billion it posted during a similar period last year.
