Bloomberg News

BAT Kenya First-Half Profit Increases 14% as Revenue Surges

July 08, 2011

July 8 (Bloomberg) -- BAT Kenya Ltd., East Africa’s biggest cigarette maker, said first-half profit grew 14 percent as revenue surged amid increased domestic sales and higher exports.

Net income climbed to 1.17 billion shillings ($13 million) in the six months through March from 1.02 billion shillings a year earlier, the Nairobi-based company said in a statement handed to reporters today. Revenue jumped 51 percent to 9.1 billion shillings, it said.

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net


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