CROWN PAINTS KENYA PLC
Crown Paints Kenya PLC:
Crown Paints Kenya PLC is a leading manufacturer and distributor of paints and coatings in Kenya, offering a wide range of decorative and industrial paints for residential, commercial, and industrial applications. With a focus on innovation and quality, Crown Paints Kenya PLC is a trusted brand in the construction industry.
Likoni Road, Industrial Area Nairobi - Kenya info@crownpaints.co.ke
0709887000
Reports
Financial Reports for CROWN PAINTS KENYA PLC
The Content is Locked
Login to access
Don't have an account? Register here
Crown Paints Kenya HY2023 Net Profit Sinks 87.2% to KSh 37 Million
Crown Paints Kenya Plc Net profit for the half year ended 30th June 2023 plunged 87.2% to KSh 37 Million compared to KSh 288 million in HY 2022.This is as a weakening Kenya Shilling as well as depreciation of currencies in other regional markets where Crown Paints operates, took a toll on its bottom line. A weakening Kenya Shilling continues to affect performance of Kenya’s multinationals, including KQ whose HY 2023 Net Loss widened to KSh 21 Billion.
Profit warnings at NSE rise to nine on tough economic environment
Crown Paints and WPP Scangroup are the latest listed companies to issue profit warnings to their investors, bringing to nine the listed firms that are anticipating lower earnings this year. Other companies that have issued alert warnings since March are Longhorn Publishers, Sasini, Car & General, Nation Media Group, Centum Investment Company, Unga Group and Kenya Power.
Nairobi Securities Exchange – NSE
CONSTRUCTION & ALLIED INDUSTRY | |||
COMPANY NAME | ISIN CODE | TICKER | MARKET CAP |
KE0000000034 | ARM |
| |
KE0000000059 | BAMB |
| |
KE0000000141 | CRWN |
| |
KE0000000174 | CABL |
| |
KE0000000190 | PORT | ||
CBK Key Rates
| RATE | % | Date |
| Central Bank Rate | 10.50 | 09/08/2023 |
| Inter-Bank Rate | 12.20 | 03/10/2023 |
| CBK Discount Window | 14.50 | 10/08/2023 |
| 91-Day T-Bill | 14.821 | 02/10/2023 |
| REPO | 8.94 | 11/08/2023 |
| Inflation Rate | 6.8 | SEP,2023 |
| Lending Rate | 13.5 | JULY,2023 |
| Savings Rate | 3.97 | JULY,2023 |
| Deposit Rate | 8.1 | JULY,2023 |
| KBRR | 8.9 | 27/07/2016 |