Sameer profit up five times to Sh217m

Tuesday, April 19, 2022 - 2 min read

Sameer Business Park in Nairobi. FILE PHOTO | NMG

What you need to know:

Sameer Africa’s net profit jumped five times to Sh217.3 million in the year to December helped by cost controls.
Sameer did not declare a dividend for the review period, taking the payout drought to eight years.
Sameer said its priority this year will be implementing the second phase of its new strategic plan, focusing on both the tyre and property businesses.

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