HF Group finally records profit after five years of losses

HF Group's managing director Robert Kibaara. FILE PHOTO | NMG

Mortgage lender HF Group has reported its first profit since 2018, intensifying the turnaround that started with the appointment of Robert Kibaara as CEO.

Net profit rose to Sh265.5 million last year compared to a loss of Sh682.75 million in 2021 as it races to break its dividend drought.

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