BAT shakes off Covid-19 fallout as profit up 42pc

Cigarette production at BAT factory in Nairobi. FILE PHOTO | NMG

British American Tobacco #ticker:BAT (BAT) Kenya had defied effects of Covid-19 to raise full dividend payout by more than a third after profits for the year to December jumped 42 per cent.

The cigarette maker announced Thursday that its profit after-tax climbed to Sh5.52 billion, rebounding from a 4.9 percent drop to Sh3.89 billion in 2019.

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