Equity CEO James Mwangi: Why our DRC unit will soon overtake Kenya

James Mwangi

Equity Group CEO James Mwangi.

Photo credit: Nation Media Group

Equity Group on Monday released its financial results for the nine months ended September, showing that its net profit had grown by 3.7 percent to Sh34.6 billion despite the earnings in Kenya dipping by a fifth.

The 3.7 percent growth is a softer pace compared with a similar period in 2022 when the net earnings grew by 26.62 percent. James Mwangi, the CEO, put the earnings into perspective in his address to investors, analysts and the press.

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Note: The results are not exact but very close to the actual.