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Housing Finance profit 24pc down on reduced sales

HF Group head office in Nairobi. FILE PHOTO | NMG

By  Victor Juma

Business Editor

Nation Media Group

Mortgage financier HF Group has reported a 24.3 per cent drop in net profit in the year ended December 2016, hurt by reduced property sales.

The company’s net earnings stood at Sh905.8 million in the period compared to Sh1.1 billion a year earlier.

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

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