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KenolKobil Posts Massive Growth in Half Year Results
2012
#1 Posted : Wednesday, July 28, 2010 7:14:49 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
This positive trend has continued into 2010 resulting in a strong After Tax Profit of Ksh 1.18 Billion for the 1st Half.

Net Sales improved by 40% over the same period, being a reflection of more stable pricing environment Internationally and in the local markets especially in Subsidiaries outside Kenya. Gross profit increased by 159% while as a percentage of Net Sales it improved from 3.8% in 2009 to 7% in 2010.

Don't you just wish you got some KK today?smile

BBI will solve it
:)
shauriyako
#2 Posted : Wednesday, July 28, 2010 7:25:44 PM
Rank: New-farer


Joined: 6/17/2010
Posts: 71
Location: Kenya
For those of us who were expecting to take advantage of the slide in price associated with the negative publicity we need to think again. The slide just turned the other way - upwards.
When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
youcan'tstopusnow
#3 Posted : Wednesday, July 28, 2010 7:46:34 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
www.kenolkobil.com/home/...b13ff958b4d33b271657489b Good results. But let us not forget that last year was a terrible year for oil companies, and the results/growth for this year are coming from a very low base indeed, just like Total Kenya. Lets not start setting very lofty target prices. But that's just me. Don't let me dampen your spirits
GOD BLESS YOUR LIFE
guru267
#4 Posted : Wednesday, July 28, 2010 8:12:59 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
The sun is starting to smile on me all over.... These results are higher than my expectations... Now the wait continues for KPLC and jubilee... Applause Laughing out loudly Applause
Mark 12:29
Deuteronomy 4:16
2012
#5 Posted : Wednesday, July 28, 2010 8:37:56 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
guru267 wrote:
The sun is starting to smile on me all over.... These results are higher than my expectations... Now the wait continues for KPLC and jubilee... Applause Laughing out loudly Applause


Crossing my fingers with you on KPLCPray

BBI will solve it
:)
qw25041985
#6 Posted : Wednesday, July 28, 2010 9:05:13 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
What is the exitment here. I thought we had a sneak preview of this good results from totals performance and the 'leak'. Botoom line ,i am happy.
Your future depends on your dreams so go to sleep !
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