Saturday, October 29, 2016

Carbacid registers slight drop in after-tax profit to Sh375.5m

Corporate News
The Carbacid factory based in Industrial Area, Nairobi. PHOTO | FILE 
The Carbacid factory based in Industrial Area, Nairobi. PHOTO | FILE   
By VICTOR JUMA, vjuma@ke.nationmedia.com
In Summary
  • Carbacid took a hit from the bear run at the NSE in the review period, with its unrealised losses on listed shares at Sh31.1 million.
  • The company’s trading division, which mines and sells carbon dioxide, saw its sales rise 2.7 per cent to Sh831.7 million.

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