Friday, March 13, 2026

Centum Surges with Ksh472M Profit as Liabilities Decline by 20%!

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Centum Investment Reports Strong Half-Year Results: A Testament to Strategic Growth

Centum Investment Company has unveiled promising half-year results that reflect a robust performance across its various sectors. The company, which operates as a listed investment holding firm on the Nairobi Securities Exchange, has showcased a net profit surge of 6.1% year-on-year, reaching Ksh 472 million for the six months ending September 30, 2025. This growth is underpinned by the impressive outcomes of Centum’s real estate initiatives and a significant reduction in liabilities.

In an era where strategic financial management is paramount, Centum’s proactive approach to reducing liabilities has paid off dividends. The firm reported free cash flows of Ksh 703 million, an achievement that has been strategically utilized to ease the debt burden. Group CEO James Mworia highlighted that the company’s lower liabilities have bolstered its financial standing, lifting the Net Asset Value (NAV) per share from Ksh 66.93 on March 31, 2025, to Ksh 68.75.

“The first half of the 2026 financial year marks good progress made across the key strategic focus areas in line with our Centum 5.0 strategy,” Mworia stated. This strategy aims not only to optimize value but also to ensure that cash generation and profitability remain at the forefront of operations. Notably, Centum has managed to reduce its borrowings by 12%, from Sh 690 million in March 2025 to Sh 605 million by September 2025, further contributing to a formidable 66% dip in finance costs.

Regarding overall performance, Centum’s total assets experienced a minor decline of 1%, settling at Ksh 49.9 billion. However, the significant 20% drop in total liabilities reflects a strategic shift towards being more debt-conscious. The Group also celebrated a 6% increase in profit after tax, thanks to the thriving real estate and trading segments.

Another highlight is the ongoing share buyback program initiated in October 2024, indicating the company’s commitment to enhancing shareholder value. By June 2025, Centum had successfully repurchased 150,800 shares at Ksh 9.51 each. Mworia noted that the company’s share price has consistently traded above the buyback threshold, showcasing strong investor confidence.

Looking ahead, Centum is poised for continued success. Mworia expressed unwavering confidence in the Centum 5.0 strategy, emphasizing its potential to drive superior returns through a focus on value optimization and cash flow generation. “Centum remains committed to its mission of delivering tangible wealth by building extraordinary enterprises in Africa,” he concluded.

Stay tuned for more updates from the investment front, and follow Centum’s journey as it aims to redefine wealth creation across the continent.

#BusinessNews #Kenya #Investment #Africa #WorldNews

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