Centum losses more than triple to $51m
The bulk of Centum’s losses were blamed on the Two Rivers development, in which it holds 58 percent stake.
Source: theeastafrican.co.ke
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Centum cuts half-year loss by 67 per cent
Centum said the loss after tax was mainly driven by an impairment provision of Sh721 million on 'some of the assets following a prudent assessment.'
Source: standardmedia.co.ke
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Kenya's Centum Investment half-year pretax loss narrows to $6.19 mln
Kenya's Centum Investment Co PLC said on Tuesday it booked a pretax loss of 696.6 million shillings ($6.19 million) for its first half through September, compared with a 2.05 billion shilling loss in the same period a year earlier.
Source: reuters.com
We merely create value, and recycle the profit for growth
Centum's business model since our 2009 inception was about creating investments and assets that could attract other investors to buy in at a higher valuation.
Source: theeastafrican.co.ke