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Sanlam posts Sh124.6m half-year net profit
SanlamAllianz Holdings Limited Group Chief Executive Officer Dr Patrick Tumbo makes his remarks during the rebranding launch of listed non-banking financial services firm Sanlam Kenya Plc to SanlamAllianz Holdings (Kenya) PLC on November 26, 2025 at the JW Mariott Hotel.
Photo credit: Francis Nderitu | Nation Media Group
Sanlam Allianz Holdings Kenya has posted a Sh124.6 million net profit for the half year ended June, nearly quadrupling its earnings from the corresponding period last year, when it incurred one-off costs linked to business reorganisation.
The latest net earnings mark an increase from Sh30.96 million posted in the previous half-year, when the listed entity incurred a Sh103.67 million loss from discontinued operations.