Equity Group Holdings Plc has posted an increase of 85% in Pre-tax profit to Kes 36.6 Billion in the third quarter period ended 30th September 2021. This is compared to a Pre-tax profit of Kes 19.7 Billion in the same period in 2020.
The lender saw its net earnings increase 79% from Kes 15.0 Billion to Kes 26.9 Billion. The bulk of this growth came from its subsidiaries with total assets recording a growth of 27% and a 25% growth in total income, Dr James Mwangi, the Managing Director Equity Group told an investor briefing this Monday while releasing the Q3 financials.
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