BAT KENYA STRONG RESULTS DESPITE TOUGH TIMES
In the first half of 2025, the company did well despite the economic challenges. There were issues to deal with inflation, tough market conditions and weak exchange rates of Kenyan shillings against US Dollars. These issues affected consumer spending and increased business costs. The company focused on controlling costs, improving efficiency and offering quality products hence a good performance.
BAT Kenya had the following results:
- Gross revenue of 18.5 billion which was lower than the previous year by 5.9%.
- Net revenue of 11.7 billion which was 0.1% higher as compared to the last year.
- Operating profit rose by 12% to KES 4.2 billion .
- Profit before tax increased by 41.6% to KES 4.3 billion.
- Profit after tax increased by 39.7% to KES 2.9 billion.
- Basic and diluted earnings per share increased by 39.7%.
The board has therefore approved an interim dividend of KES 1.50 per share, Shareholders will receive this dividend on 28th October 2025.n June 2025, pricing decisions on some products were kept affordable while still earning profit. The focus was to provide safe and trusted products while following all regulations. The company is working hard to stay in this strong challenging environment as it focuses on innovation and delivering value to customers. The company continues to invest in their brands items like modern oral items and feminine care items.
Also read:BAT Kenya Posts 7.4% Growth in Half Year Earnings to KES. 2.9 Billion