Olympia Capital Holdings Limited has issued a profit warning, alerting shareholders, investors and the general public that its earnings for the period ended February 28, 2026 will be significantly lower than those recorded in the same period a year earlier.
In a notice issued by the company’s Board of Directors and filed in line with the Capital Markets (Public Offers, Listings and Disclosures) Regulations and the Nairobi Securities Exchange (NSE) Listing Requirements, Olympia Capital Holdings noted that profit attributable to shareholders declined by more than 25% compared to the previous year ended February 28, 2025.
The company attributed the decline to three main factors: a drop in Group revenue, rising operating costs across its businesses, and higher finance costs during the year. Despite the headwinds, Olympia Capital stressed that the Group remained profitable, recording a positive profit after tax for the period. The warning therefore signals a weaker performance rather than a loss-making position.
In FY2025, Olympia Capital recorded a 16.3% decline in revenue to KES 457.2 million. Operating profit fell 27.5% to KES 45.7 million, while finance costs eased 46.7% to KES 4.5 million. Net profit fell sharply by 49.9% to KES 17.6 million from KES 35.2 million in FY2024.
Olympia Capital Holdings Cautions Investors Amid Expected Earnings Decline
The Group urged shareholders and investors to exercise caution when trading in the company’s securities until the full audited financial statements for the year ended February 28, 2026 are published and made available to the public.
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