Carbacid regional sales lift earnings to hit Sh411m

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

Carbacid Investments posted a 14 percent rise in net profit to Sh411.65 million in the half-year ended January on increased sales of carbon dioxide in the regional market.

The latest profit, which was a rise from Sh360.75 million, came in the period Carbacid’s turnover rose by 22 percent from Sh701.16 million to Sh855.53 million.

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