Nairobi, Jan. 20 -- Liberty Kenya Holdings expects its profit for the year ended December 2025 to fall by at least 25 percent, hit by increased claims payout, the sale of operations in Tanzania and a reduction in investment returns.
The projected decline in earnings has seen the Nairobi Securities Exchange-listed insurer issue a profit warning. This means that the earnings will fall by at least a quarter from the Sh1.37 billion posted in the year ended 2024, which was 2.2 times higher than the Sh631 million realised in 2023.
"Based on preliminary unaudited consolidated financial results, the board of the company wishes to announce that the consolidated earnings after tax for the year ended December 31, 2025 are likely to be at least 25 ...
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