Carbacid regional sales lift earnings to hit Sh411m
Carbacid Investments posted a 14 percent rise in net profit to Sh411.65 million in the half-year ended January on increased sales of carbon dioxide.
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Carbacid Investments posted a 14 percent rise in net profit to Sh411.65 million in the half-year ended January on increased sales of carbon dioxide.
Smaller firms at NSE are leading the market in price gains this year, giving their investors a return of up to 60 percent at a time larger stocks are in the red.
Former BOC Kenya chairman Ngugi Kiuna has bought more shares in the company after opposing its buyout by Carbacid Investments.
The Business Daily has learned that the Judicial Service Commission (JSC) is yet to appoint a secretary and another member.
The Nairobi Securities Exchange-listed firm declared a final dividend of Sh2.9 per share, raising the total payout to Sh4.4 per share.