NSE posts 21 percent drop in net profit as costs rise

nse-floor

Nairobi Securities Exchange trading floor. PHOTO | NMG

The Nairobi Securities Exchange #ticker:NSE (NSE) has posted a 21 percent drop to Sh132 million in net profit for the financial year ended December weighed down by higher costs and taxes which offset an increase in revenues.

The NSE posted a profit of Sh167.9 million the previous year.

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