Stanbic announces a reduced Ksh. 5.2 billion net profit for FY 2020
Stanbic announces a reduced Ksh. 5.2 billion net profit for FY 2020 Shares Stanbic Holdings has announced that it has registered a profit after tax of Ksh. 5.2 billion for the year ended 31st December 2020. This represents a reduction from the Ksh. 6.3 billion the company posted over the same period in 2019. Total income also reduced to Ksh. 23 billion from Ksh. 24 billion in 2019 while operating expenses reduced to Ksh. 12 billion from Ksh. 13 billion. The board of directors of the company have recommended a dividend per share of Ksh. 3.80 for the financial period ending 31st December 2020...
Source: hapakenya.com