Carbacid regional focus pays off as half-year net profit up to Sh485m

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

Carbacid Investments has posted a 17.9 percent rise in net profit to Sh485.16 million in the half-year ended January 2024 on increased sales of carbon dioxide in the new regional markets.

The profit rise from Sh411.65 million posted in the preceding similar period last year came in the period Carbacid’s turnover grew by 26.3 percent to Sh1.08 billion from Sh855.53 million.

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