Profit warnings at NSE rise to nine on tough economic environment

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Crown Paints Plc Group CEO Dr Rakesh Rao. PHOTO | DIANA NGILA | NMG

Crown Paints and WPP Scangroup are the latest listed companies to issue profit warnings to their investors, bringing to nine the listed firms that are anticipating lower earnings this year.

Other companies that have issued alert warnings since March are Longhorn Publishers, Sasini, Car & General, Nation Media Group, Centum Investment Company, Unga Group and Kenya Power.

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