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14 companies issue profit warning in turbulent year Thursday December 24 2020 At least 14 companies have issued profit warnings this year, with most blaming the economic fallout from the Covid-19 pandemic for their weaker earnings. FILE PHOTO | NMG By VICTOR JUMA Summary Britam Holdings, Absa Bank Kenya, East African Breweries Limited (EABL), Kenya Power, East African Cables, Kenya Orchards, Longhorn Publishers, Nairobi Business Ventures, Nation Media Group and Unga Group are among the companies that have warned investors of reduced earnings Others are NCBA Group, TPS Eastern Africa, I&M Holdings and Standard Chartered Bank Kenya. At least 14 companies have issued profit warnings this year, with most blaming the economic fallout from the Covid-19 pandemic for their weaker earnings. ....
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