Prime

14 companies issue profit warning in turbulent year

nse-floor

At least 14 companies have issued profit warnings this year, with most blaming the economic fallout from the Covid-19 pandemic for their weaker earnings. FILE PHOTO | NMG

By  Victor Juma

Business Editor

Nation Media Group

At least 14 companies have issued profit warnings this year, with most blaming the economic fallout from the Covid-19 pandemic for their weaker earnings.

Britam Holdings #ticker:BRIT, Absa Bank Kenya #ticker:ABSA, East African Breweries Limited #ticker:EABL (EABL), Kenya Power #ticker:KPLC, East African Cables #ticker:CABL, Kenya Orchards #ticker:ORCH, Longhorn Publishers #ticker:LKL, Nairobi Business Ventures #ticker:NBV, Nation Media Group #ticker:NMG and Unga Group #ticker:UNGA are among the companies that have warned investors of reduced earnings

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME Kenyans with over half a million in bank revealed

  2. PRIME New Bill forces banks, M-Pesa to share customer data

  3. PRIME Inside Dangote’s IPO and how Kenyans can take part

  4. PRIME Clerical jobs stage a comeback as banks expand branches

In the headlines

View All