Equity Group net profit rises by a quarter in Q1 to Sh15bn

Equity Group chief executive James Mwangi. 

Equity Group chief executive James Mwangi. 

Photo credit: File | Nation Media Group

Equity Group posted a 25 percent growth in net profit in the first quarter ended March to Sh15.3 billion from Sh12.3 billion in similar period a year earlier.

The growth is attributable to higher income which helped to offset rising costs.

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