Kenya: Centum Investment Hy Profit Hits Sh1 Billion

13 November 2013

Nairobi — Centum Investment Group has announced a 23 percent rise in pre-tax profit for the half year period ending September 30 to Sh1 billion from Sh837 million over same period last year. Centum CEO James Mworia says the company's good performance was driven by growth in the firm's private equity and real estate business line.

"Our private equity team executed value creation strategies that created tangible wealth. The amalgamation of the Rift Valley, Kisii and Mt Kenya Bottlers for Almasi Beverages Limited was Centum driven and executed," Mworia said during an investor briefing on Wednesday.

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