Bottom Line: Higher in five waves for wave 5
2/6/26 08:40 EST (Last Price 1.19):
With 1.4 key level, we anticipate further downtrend for wave A towards 0.9 region.
Summary
For the first time in more than a decade, TransCentury PLC — a Nairobi Securities Exchange-listed infrastructure investment company — reported a full-year net profit in 2024, posting KSh 580 million after tax, compared with a KSh 3.2 billion loss in 2023.
What Drove the Turnaround? Key Factors Behind Profit
Revenue Growth and Margin Expansion
Revenue for the year rose slightly from the previous period, supported by steady demand across core business segments. At the same time, the company improved gross profit margins through better cost efficiencies and focusing on higher-margin products
Foreign Exchange Gains
One of the standout contributors was a significant foreign exchange gain of around KSh 1.2 billion, compared with a currency loss the year before. This was partly due to better management of foreign currency exposure and a stronger Kenyan shilling during the year.
Cost Containment and Operational Discipline
TransCentury also saw reductions and tighter control in operating costs, helping translate positive gross results into net profitability.
