FLAME TREE GROUP HOLDING LTD
FLAME TREE GROUP HOLDING LTD
Flame Tree is a leading regional manufacturing Group – listed on the Nairobi Securities Exchange (NSE: FTG) – with operations in Mauritius, Kenya, Rwanda, Ethiopia, Dubai and Mozambique. It operates in fmcg, plastics and trading, with a brand portfolio that includes Roto Tanks, Jojo Plastics, Zoe, Cerro, Alana Skin, Siora, Happy’s and Buildmart. It was founded in 1989 and now employs over 1,000 people, who are focused on delivering quality, value and innovation to improve their customer’s lives.
Phone:
0711 499268
Address:
Industrial Area, Off Enterprise Road, 00506, Nairobi, KE
Nairobi Securities Exchange – NSE
MANUFACTURING & ALLIED INDUSTRY | |||
COMPANY NAME | ISIN CODE | TICKER | MARKET CAP |
KE0000000042 | BOC |
| |
KE0000000075 | BAT |
| |
KE0000000117 | CARB |
| |
KE0000000216 | EABL |
| |
KE4000001323 | FTGH |
| |
KE0000000331 | ORCH |
| |
KE0000000372 | MSC |
| |
KE0000000497 | UNGA | ||
Reports
Financial Reports for Flame Tree Group Holdings Limited (FTGH.ke)
Flame Tree Group Holdings Limited (FTGH.ke) listed on the Nairobi Securities Exchange under the Industrial holding sector has released its annual report.
For more information about Flame Tree Group Holdings Limited (FTGH.ke) reports, abridged reports, interim earnings results and earnings presentations visit the Flame Tree Group Holdings Limited (FTGH.ke) company page on AfricanFinancials.
The Content is Locked
Login to access
Don't have an account? Register here
Flame Tree Group Half-Year Net Profit rises 21% to KSh 66.9 Million
Flame Tree Group Holdings, a listed manufacturer and distributor of plastic tanks, cosmetics, snacks, spices and playground equipment, saw its net earnings for the first six months of this year rise to KSh 66.9 Million. The Group reported revenue in H1 2021 of KSh 1.6 Billion from KSh 1.2 Billion while the Balance Sheet size grew from KSh 2.5 Billion to KSh 2.6 Billion during the period under review.
Flame Tree Group Holdings Limited Reports 18% Increase in Sales and 71% Improvement in EBITDA in H1 2023, Leading to Profit Recovery
What was a key factor in Flame Tree Group's recovery in H1 2023 compared to its performance in 2022? One of the key factors was the significant increase in sales by 18% and improvement in gross margin from 27% to 34%. Furthermore, meticulously managing working capital and reducing short-term borrowings also had a substantial impact on the company's recovery.
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 |
FINANCE EA DAILY BRIEFS
CPI & Inflation Rate-KNBS
| 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 | – | – |