obiero wrote:obiero wrote:guru267 wrote:@obiero mathematics is not that hard... South Sudan only contributes 9.2! KCB was likely to announce a 20% increase in profits..
if we write off south Sudan profits we have 20% - 9.2% = 10.8%
So I still expect a 10% growth in earnings per share!
My friend. U and ua maths will be screwed from behind!
Btw, if math isnt hard why have u gotten it wrong. 9.2 is not a percentage of 20 but of the total bank profit. what u are suggestin is that South Sudan brings in about half of KCB profits which is madness of mathari hospital level..
@obiero I know math may not be your strength but don't catch feelings...
Total Profits of KCB for 2012 was 17billion
Total Profits in 2013 were to increase by 20% to 20.4billion...
9.2% from South Sudan was to be 1.9Billion...
If we write all off South Sudan (highly unlikely) we have 20.4 - 1.9 = 18.5Billion for 2013
I think 18.5 Billion for 2013 is still higher than 17Billion in 2012.. Mark 12:29
Deuteronomy 4:16