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Uchumi posts rare Sh8.8m profit on China Square rent income
A China Square outlet in Nairobi. Uchumi’s biggest profit boost came from rental income, which jumped nearly fivefold to Sh62.7 million from Sh13.5 million, largely driven by China Square.
Uchumi Supermarkets has posted a rare profit of Sh8.8 million for the year ended June 2025, largely driven by rental income from tenants such as China Square, offering reprieve for the debt-laden retailer, which has been struggling to regain stability.
Management accounts disclosed under the company voluntary arrangement (CVA) show that the net profit was from a loss of Sh49.7 million disclosed in the audited accounts for the year ended June 2024. The Sh8.8 million profit was, however, below the Sh12.85 million that had been targeted.
