KCB reported a FY 2018 net profit of Sh24B & a FY 2019 net profit of Sh25.2B. The group may have experienced a profit drop minus NBK.
KCB reported a FY 2018 net profit of Sh24B & a FY 2019 net profit of Sh25.2B. The group may have experienced a profit drop minus NBK.
The increase in net profit can be attributed to the acquisition of NBK without which the net profit would have been flat.