HY EBIT declines by 10.5%
Service revenue declined by 4.8% to ksh.118.4bn.
Borrowings grew from sh.8bn to 32bn
Profit before income tax down 12.8% to 44.7bn from 51.3bn in 2019
Profit after tax down 6% to 33.0bn from 35.2bn
They are forecasting/providing guidance of a 10% decline in FY EBIT from kes.101.5bn in FY20 to 91-94bn in FY21
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle