TPS Eastern Africa, the operator of Serena Hotels, has posted a Sh870.87 million net profit for the financial year ended December 2023, marking a 2.3 times jump from the previous year on increased business.
The latest profit is a growth from Sh379.69 million posted in the previous year and translates to record earnings, overtaking the previous peak net income of Sh615.8 million in 2011.
