Housing Finance cuts loss by 82 percent on reduced costs

Housing Finance #ticker:HFCK has cut net losses by 81.6 percent to Sh110.1 million in the year to December 2019 despite a fall income, helped by reduced operating costs.

The previous year the lender had posted a loss of Sh598.2 million, even as it slowed its loans and advances to customers.

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Note: The results are not exact but very close to the actual.