Nairobi, Aug. 26 -- Sameer Africa net profit for the six months ended June 2026 grew 19.8 percent to Sh103.88 million, up from Sh86.67 million on reduced operating expenses.

The profit growth was despite a decline in revenue to Sh205.75 million from Sh220.34 million posted in the preceding similar period.Its operating costs dropped by 25.9 percent to Sh83.3 million from Sh112.4 million, helping grow the bottom line during the review period.

Sameer continues to find new drive in its rental business, marking a decisive turnaround after the struggles of its tyre unit, which was once the mainstay of its operations.

The firm's bet on real estate business, where it lets out investment properties including leasehold land, residential houses a...