Carbacid earnings rise 71pc on higher sales

The Carbacid factory based in Industrial Area, Nairobi. FILE PHOTO | NMG

Carbacid Investments #ticker:CARB posted a 71.4 percent rise in net profit in the half-year ended January on increased sales of carbon dioxide in the regional market.

The Nairobi Securities Exchange-listed firm made a net income of Sh360.7 million in the period compared to Sh210.4 million the previous year.

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