Fewer NSE firms issue profit alerts

Nairobi Securities Exchange. Only nine publicly-traded companies announced they will report earnings decline of more than 25 percent this year, an improvement from 14 such adverse notices issued in 2018. FILE PHOTO | NMG

Only nine publicly-traded companies announced they will report earnings decline of more than 25 percent this year, an improvement from 14 such adverse notices issued in 2018.

The nine firms trading on the Nairobi Securities Exchange and the over-the-counter (OTC) market include BOC Kenya, Kenya Airways, Standard Group, CIC Insurance Group, Williamson Tea Kenya and Eaagads.

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