Centum reports first full-year loss in 42 years

James Mworia, Centum’s chief executive. PHOTO | FILE 

Centum Investment Group #ticker:CTUM has posted the first full-year loss in over 42 years, weighed down by a drop in sales and investment income that failed to stop it from paying dividends.

The firm, which was listed on Nairobi bourse in 1967 as Industrial and Commercial Development Corporation (ICDC) Investment and rebranded to Centum Investment in 2008, has reported Sh1.37 billion net loss in the financial year ended March 2021.

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