Sameer Africa Plc has tripled its half-year profit to Sh108.8 million from Sh24.2 million, boosted by the appreciation of the Kenyan shilling.
The local unit's gains have led to a revaluation of the company's US dollar denominated liabilities, with the Group posting a net financial income of Sh56.7 million, compared to a loss of Sh69.7 million at the same time last year.
