Nairobi, Feb. 26 -- Carbacid Investments Plc posted a 6.9 percent jump in net profit to Sh464.96 million in the six months ended January 2026, lifted by higher gains from equity investments even as the listed carbon dioxide manufacturer flagged rising competition in its export markets.
The profit increase came despite softer income from fixed income investments and a modest rise in sales, underscoring the growing role of non-operational gains in supporting the company's bottom-line.
The firm's sales grew 3.8 percent to Sh976.3 million, up from Sh940.6 million in the similar period a year earlier in what it attributed to market growth in East Africa as demand in Southern Africa remained subdued due to seasonal patterns and increased loca...
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