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.
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.
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 |
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 |
MONTH | INFLATION RATE % | CPI |
September 2023 | 6.8 | 135.32 |
August 2023 | 6.73 | 134.02 |
July 2023 | 7.28 | 134.15 |
June 2023 | 7.88 | 134.01 |
May 2023 | 8.03 | 133.01 |
April 2023 | 7.90 | 131.83 |
March 2023 | 9.19 | 131.18 |
February 2023 | 9.23 | 130.13 |
January 2023 | 8.98 | 129.29 |
December 2022 | 9.06 | 128.99 |
November 2022 | 9.48 | 128.31 |
October 2022 | 9.59 | 127.86 |
September 2022 | 9.18 | 126.73 |
August 2022 | 8.5 | 125.58 |
July 2022 | 8.3 | 125.05 |
June 2022 | 7.9 | 124.22 |
May 2022 | 7.1 | 123.12 |
April 2022 | 6.47 | 122.17 |
March 2022 | 5.56 | 120.14 |
February 2022 | 5.08 | 119.13 |
January 2022 | 5.39 | 118.64 |
December 2021 | 5.73 | 118.27 |
November 2021 | 5.8 | 117.2 |
October 2021 | 6.45 | 116.67 |
September 2021 | 6.91 | 116.08 |
August 2021 | 6.57 | 115.71 |
July 2021 | 6.55 | 115.45 |
June 2021 | – | – |
Chat With FinanceEA