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Financial services firm Britam has moved out of the loss-making territory to record a net profit of Sh376 million. The firm attributes the improvement to economic recovery and optimism at the Nairobi Securities Exchange (NSE).
This was an improvement from a loss of Sh1.63 billion that the firm booked in the first six months of last year due to the adverse effects of the Covid-19 that impacted the stock market.
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