Jubilee doubles dividend despite half-year profit drop
The firm posted a 91% drop in net earnings to Sh2.03 billion
Source: the-star.co.ke
Stay updated with breaking news from Ifrs 4. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The firm posted a 91% drop in net earnings to Sh2.03 billion
The new accounting standard came into effect on January 1
EU Regulation No 2021/25 of the Commission of 13 January 2021, which took effect on 1 January 2022, amended Regulation No 1126/2008 with the changes previously introduced on 27 August 2020 in Interest Rate Benchmark Reform - Phase 2 - Amendments to IFRS 9, IAS 39.