Taxes squeeze Crown Paints half year profit as revenues grow

Crown Paints CEO Rakesh Rao. FILE PHOTO | NMG

The paint maker’s net profit stood at Sh29.2 million in the period compared with Sh40.7 million the corresponding period last year.

Crown’s #ticker:BERG revenues jumped 12.77 percent to Sh4.37 billion in the period from Sh3.87 billion a year earlier.

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