Flame Tree issues profit warning on excluded insurance claim

Flame Tree Group CEO Heril Bangera.

Photo credit: File | Nation Media Group

Flame Tree Group (FTG) expects its profits for the financial year ended December 2025 to drop significantly by at least 25 percent, reversing the profitability from the previous year.

The company, which had posted a net profit of Sh201.8 million in the last financial year, disclosed that it expected to dip back into loss territory without the one-off insurance income that had propelled it to profitability in the last financial year.

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