East African Breweries Profit Soars 50% as Kenyan Firms Report Strong Earnings

East African Breweries posted full-year profit after tax of KES 18.23 billion, up almost 50%, with net revenue at KES 145.96 billion and a dividend of KES 12.70 per share.

NCBA Group reported half-year profit of KES 12.4 billion, up 12.2%, driven by 20.4% higher net interest income, and raised its interim dividend 50% to KES 3.75 per share amid Nedbank's completed tender for a 66% stake.

Stanbic Holdings saw modest 0.8% profit growth to KES 6.6 billion but cut its dividend to KES 1.64 per share. These Nairobi Securities Exchange releases highlight corporate strength, with contrasting approaches to shareholder payouts.

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