NBV cement plant held back by funding delays
The company’s net profit for the year ending March 2022 jumped 53 percent to Sh50.6 million on aviation, vehicle servicing, and trading revenues.
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The company’s net profit for the year ending March 2022 jumped 53 percent to Sh50.6 million on aviation, vehicle servicing, and trading revenues.
The market valuation of Nairobi Business Ventures (NBV) has settled at Sh6.7 billion, three months after the completion of its reverse takeover by Delta International FZE.
Nairobi Business Ventures (NBV) has posted Sh31.69 million in net profit for the half-year to September.
NBV has also fully acquired Air Direct Connect Ltd and Aviation Management Solutions Ltd, both in the business of aircraft maintenance.
NBV #ticker:NBV plans to break ground on a cement manufacturing plant in Mavoko, Machakos County.