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Cytonn reports Sh630m net profit

Cytonn Investments has reported a Sh630 million in net profits following a strong performance in its real estate investments. During its Annual General Meeting held on Friday, the investment firm also announced a 42.7 per cent return on equity in a period that saw it diversify its real estate investments. PHOTO: VOURTESY

Cytonn Investments has reported a Sh630 million in net profits following a strong performance in its real estate investments. During its Annual General Meeting held on Friday, the investment firm also announced a 42.7 per cent return on equity in a period that saw it diversify its real estate investments.

"Our strategy to focus on the attractive alternative investment opportunities, which exist in Kenya and the region, drove our performance,'' said Edwin Dande, Cytonn's Chief Executive Officer. "Our focus on real estate, private equity and structured products has delivered attractive returns to our shareholders, clients and partners.

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