Centum H1 profits hit Sh1.4bn on improved investment income
The company has been in the market to raise funds to complete some of its projects.
Source: the-star.co.ke
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The company has been in the market to raise funds to complete some of its projects.
The loan will partially fund the Mzizi project whose total outlay is $91 million as per the IFC disclosures.
The total estimated project cost of the project is Sh13.2 billion.
USE trading data for the week ending August 1 shows that investors lost at least Shs10.44b in Centum after uncertainties emerged over its profitability
The performance saw the listed investment firm maintain a flat dividend at Sh0.60 per share.