BAT profit drops 19pc on strong Shilling and costs

The British American Tobacco (BAT) Kenya Industrial Area plant in Nairobi. 

Photo credit: File Photo | Nation Media Group

BAT Kenya registered a 19.4 percent decline in net profit to Sh4.4 billion in the year ended December 2024 when it suffered from higher operating costs and lower income from exports due to a stronger shilling.

The company had posted a net profit of Sh5.5 billion a year earlier.

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