Returns from State bonds drive HF Group's profit by 150pc

HF Group CEO Robert Kibaara, HF Bancassurance Intermediary Principal Officer Maureen Stephyne and HFC Managing Director Peter Mugeni during the investors briefing. The Group reported a profit after tax of Ksh 525 million for the full year 2024.[Courtesy]

HF Group nearly doubled interest income on government paper in the six months to June 2025, raising its profit before tax by 148 per cent to Sh702.9 million.

The listed financial solutions provider's interest income from government securities closed the six-month period at Sh1.3 billion compared to Sh676.0 million in the same period in 2024.