Lower cost, high income grow HF Group's half-year net profit to Sh50m - VIDEO

HF Group Plc returned a net profit of Sh49.8 million in the half year ended June on lower expenses and higher income from lending and transactions. The company reversed a net loss of Sh346 million a year earlier.

Non-interest income increased to Sh498 million from Sh325.1 million while total interest income rose to Sh2.07 billion from Sh1.98 billion.