Diversified retailer Car & General (C&G) has posted a 35.4 per cent drop in net profit for the half year to June 2024, driven by an increase in finance and operating costs and a higher tax burden.
The company posted a profit of Sh62.5 million in the period, down from Sh96.6 million in the six months to March 2023, after moving its financial year-end to December from September.
