Friday, December 9, 2022
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Tag: KCB Group

KCB Group Plc Posts KShs.19.6B in Half Year Profit after Tax

KCB Group PLC reported net earnings of KShs.19.6 billion for the six months ending June 30, 2022, a 28.4% rise from last year. The growth from KShs.15.3 billion was driven by improvement in both the funded and non-funded income streams. Additionally, the international subsidiaries increased their overall contribution to the Group’s performance. Total operating income increased by 16.8% mainly driven by a 29.9% growth in Non- Funded Income. Group businesses increased their profit contribution to 16.8% driven by new business ...

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