Car and general limited (CGEN.KE) recent financial release show that the turnover for the first six months, that ended 30 June 2025, was KES.12 billion, reflecting a 9.6 percent surge over the same period in the previous year. The company realized an increase in sales in both Kenya and Tanzania by 17percent and 5percent respectively. Sales in poultry also went up by 100 percent while sales in Uganda had a dip of 24 percent.
These results signal a positive period of operations for the company across the region as it recorded a net profit of KES. 637 million, which is a significant rise from last years net profit of KES. 62million. In Kenya, motorcycle sales went up by an average of 7000 units per month in 2025, from an average of 4600 units per month in 2024. The stability in the rates of exchange has also been key in sustaining greater controls over the company`s margins.
The company`s gross profit went up by 33% to KE. 2.12 billion while its helmet manufacturing subsidiary, EBITDA profit rose to KES. 1.54 billion. CGEN also generated KES. 899.67 million from its operating activities
Additionally, profits from subsidiary Watu grew by 272% augmented by phone financing and robust performance across Kenya and Tanzania. CGEN`s poultry operation in Tanzania has stabilized and is progressing on a positive trajectory, and this has had a boost on the sales.
The company reports seeing positive response on their investments in 2-wheel and 3-wheel electric vehicles in Kenya and 3-wheel compressed natural gas vehicles in Tanzania. CGEN expresses a lot of confidence in their ability to transition to cleaner energy in the 2w and 3w markets across the continent. Following this, infrastructure developments for both electric charging and gas supplying are being undertaken. Their Watu investment is making good progress and EBTDA is now exporting to Tanzania, Uganda, Rwanda, Burundi and DRC.
Car and General Future outlook;
Directors at CGEN have approved an interim dividend of KES. 0.30 per share, payable on or before15th September 2025 to shareholders on the register of members as at 2nd September 2025. The company also expressed confidence in sustaining growth across all product lines, supported by stable macroeconomic conditions in east Africa.
