Housing Finance’s profit rises 7.8pc to Sh837.7m

Housing Finance managing director Frank Ireri. PHOTO | DIANA NGILA

Mortgage financier Housing Finance Group has posted a 7.8 per cent jump in net profit in the nine months ended September, driven by earnings from government securities and loans.

The Nairobi Securities Exchange-listed firm said net profit at the end of quarter three stood at Sh837.7 million compared to Sh777.4 million in a similar period a year earlier.

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