Centum issues profit warning on lower gains

Some of the complete units of Loft Residences launched at Two Rivers Mall, a Centum Real Estate Limited project.

Photo credit: Francis Nderitu | Nation Media Group

Centum Investment Company has announced a profit warning for its full year earnings for the period ended March 2025, attributing it to lower fair value gains on its investment property relative to the previous year.

The cautionary statement means that the company’s net profit for the period will be lower by at least 25 percent or Sh650 million compared to the Sh2.6 billion it made in the year to March 2024.

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