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Kenya's Equity Group Holdings pretax profit up 18 pct to 14.23 bln shillings in H1 2016
August 22, 2016 / 6:16 AM / a year ago

Kenya's Equity Group Holdings pretax profit up 18 pct to 14.23 bln shillings in H1 2016

NAIROBI, Aug 22 (Reuters) - Kenya's Equity Group Holdings said on Monday its first half 2016 pretax profit rose to 14.23 billion shillings ($140.50 million)from 12.10 billion shillings in the same period a year ago, helped by higher net interest income.

Chief executive officer James Mwangi told an investor briefing that net interest income rose 37 percent to 21.2 billion shillings. ($1 = 101.2800 Kenyan shillings) (Reporting by George Obulutsa; editing by Elias Biryabarema)

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