TPS Eastern Africa, the umbrella company for the Serena Hotels, has reported a Ksh. 557.3 million loss after tax for the first six months of 2021. This is a 13% decrease from the Ksh. 640.9 million loss reported for the same period last year. The firm’s revenue from contracts with customers declined to Ksh. 1.07 […]
TPS Eastern Africa Plc, which trades as the Serena Hotels has marginally trimmed its half year loss to Ksh.557.3 million from a wider loss of Ksh.641 million. The slight improvement from a greater loss is largely attributable to a Ksh.60.3 million gain represented by (Forex) savings on foreign currency loans as the shilling rebounded in […]
•This comes as the tourism industry in Kenyan and the region continues to feel the brunt of the Covid-19 pandemic, as international travel remains low. •The firm’s revenue from contracts with customers contracted to Sh1.07 billion, compared to Sh1.1 billion recorded last year. Tourists are welcomed to Moi International Airport Mombasa with madafu (coconut water) […]
KEY POINTS Umeme was the top gainer of the day on Thursday with 9.38 percent at the price of 7.00 shillings per share. The second top gainer was Stanlib Fahari Income – REIT with 3.55 percent at the price of 7.00 shillings per share. Umeme was the top gainer of the day on Thursday with […]
Kenya’s telecommunications giant, Safaricom was the top mover of the day at the Nairobi Securities Exchange (NSE) after selling 3.10 million shares with a market capitalization of 1.62 trillion shillings. Kenya Re-Insurance was the second top mover with 1.54 million shares and a market capitalization of 6.92 billion shillings followed by East Africa Breweries Limited […]
The performance of the group of hotels which is listed on the Nairobi Securities Exchange (NSE) opens the window to a view of the devastation brought by restrictions such as hotel closures and a cap to the level of operations. TPS revenue from contracts with customers for instance tumbled by 71 per cent in the […]
KEY POINTS Safaricom is still leading the table of top mover selling 10.44 million shares today followed by Equity Group and KCB Group with 5.80 and 3.50 million shares respectively. Olympia Capital was the top gainer of the day on February 2, 2021, at the NSE with 9.09 percent at the price of 2.40 shillings […]
KEY POINTS Safaricom is still the top mover of the day after selling 14.32 million shares followed by Equity Group with 5.83 million shares. Kenya Power and Kenya Re-Insurance sold 755,500 and 432,800 shares respectively. The top gainer of the day (Wednesday, January 27, 2020) was Centum Investments Limited with 5.92 percent at the price […]
KEY POINTS Safaricom is still the top mover of the day after selling 14.32 million shares followed by Equity Group with 5.83 million shares. Kenya Power and Kenya Re-Insurance sold 755,500 and 432,800 shares respectively. The top gainer of the day (Wednesday, January 27, 2020) was Centum Investments Limited with 5.92 percent at the price […]
At least 14 companies have issued profit warnings this year, with most blaming the economic fallout from the Covid-19 pandemic for their weaker earnings. Britam Holdings , Absa Bank Kenya , East African Breweries Limited ( EABL ), Kenya Power , East African Cables , Kenya Orchards , Longhorn Publishers , Nairobi Business Ventures , […]
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