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TPS in record profit, no dividend payout

TPS Eastern Africa, the operator of Serena Hotels, has posted a Sh870.87 million net profit.

Serena hotelsEastern africaSerena cityTps eastern africaSerena hotelsPatrick alushulaSerena hotel profit

Serena Hotels operator posts Sh380m profit in turnaround

The firm’s first profit since the pandemic marks a remarkable turnaround.

Kepha muiruriSerena hotelsTps eastern africaErena profitsErena hotels kenya

Serena hotels operator posts Sh380m profit in turnaround

The hospitality chain says it marked a recovery from foreign corporate and leisure segments.

Tps eastern africaSerena hotels

Debt swap ups Aga Khan s stake in Serena Hotel

Akfed announced yesterday it has agreed to convert $14.5 million (Sh1.7 billion) loan owed by TPS Eastern Africa into equity.

Nairobi areaAga khan fund for economic development akfedSerena hotelCapital markets authorityKhan fundEconomic developmentCapital marketsNairobi securities exchange listedTps eastern africa

Serena hotel operator TPS narrows loss to Sh633m

Serena hotel brand operator TPS Eastern Africa nearly halved its net loss to Sh632.9 million in the year ended December.

Nairobi areaAbsa bank kenyaAga khan fund for economic developmentNairobi securities exchangeAga khan fundEconomic developmentTps eastern africa

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