Crown Paints’ #ticker:BERG investment in a Sh400 million factory in Kisumu has paid off with the manufacturer crediting the plant, which opened in January 2016, with the near seven-fold growth in its full-year net profit.
The firm, which is listed on the Nairobi bourse, on Friday reported a net profit of Sh233.4 million, a significant increase from the previous year’s Sh34.2 million.
