Industrial gas producer BOC issues profit warning

BOC Kenya says it expects its earnings for the year ending December, 2019, to drop by at least 25 percent. FILE PHOTO | NMG

Industrial gas manufacturer BOC Kenya says it expects its earnings for the year ending December, 2019, to drop by at least 25 percent due to depressed sales and higher provisioning for debts.

The firm issued a profit warning Wednesday meaning that its full year profits will not exceed Sh52.5 million.

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