New export markets lift Carbacid profit to Sh174 million

Mixed fortunes: Carbon dioxide manufacturer Carbacid posted losses on equity investments of Sh17.4million compared to a gain of Sh2.1million period last year.

Carbacid Investments Limited has reported a 27.7 per cent increase in net profit for the six months to January 31.

The carbon dioxide manufacturer earned Sh174.8 million up from Sh136.9 million posted during a similar period last year.

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