Naivas profit rebounds to Sh2.42bn amid expansion push

A Naivas supermarket chain outlet in Nairobi. 

Photo credit: File | Nation Media Group

Supermarket chain Naivas’ net profit for the year to June surged 43.4 percent to Sh2.42 billion (Sh861.69 million Mauritian rupees) on the back of increased sales and continued expansion.

The growth in net profit was from Sh1.68 billion (600.73 million Mauritian rupees) posted in the preceding similar period, when it fell by 18 percent.

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