Financial services firm Britam Holdings has reported a massive jump in profit after tax to Sh1.69 billion for the full-year period to December 2022 on the back of extensive cost-cutting measures.
The company's net profit stood at Sh72.12 million in 2021 after emerging from a Sh9.1 billion loss it made in the year to December 2020 following the underperformance of its asset management division.