Kenya : NCBA increases interim dividend as profits soar 5pc
The NCBA Group has raised its interim dividend by 28.6 percent to Sh2.25 per share, equivalent to Sh3.71 billion, following a jump in net profit for the six months to June 2024.
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The NCBA Group has raised its interim dividend by 28.6 percent to Sh2.25 per share, equivalent to Sh3.71 billion, following a jump in net profit for the six months to June 2024.
Standard Chartered Bank Kenya grew its net profit in the first half of 2024 by 48.8 percent to Sh10.28 billion on higher income from fees and interest on customer loans.
Medical gases manufacturer BOC has posted a 22.6 percent increase in net profit to Sh61.7 million for the six months to June 2024, from Sh50.3 million a year prior, on lower costs.
I&M Group share rallied 66.3 percent on the Nairobi bourse on Wednesday, coinciding with the day the lender announced that its six-month net profit for the period ended June 2024 grew.