KCB net profit doubles as balance sheet hits Sh1.12trn

KCBBank-Results

KCB chief finance officer Lawrence Kimathi. FILE PHOTO | NMG

KCB Group #ticker:KCB doubled its net profit for the half-year to June on increased income from a balance sheet that crossed the Sh1 trillion mark for the first time.

The Nairobi Securities Exchange-listed firm reported net earnings of Sh15.3 billion for the six months, up 102 percent from Sh7.58 billion earned in a similar period last year as interest and non-interest income grew.

PAYE Tax Calculator

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