Car & General profit jumps over fourfold to Sh2.4bn - Capital Business
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Car & General profit jumps over fourfold to Sh2.4bn

The company attributed the growth to strong sales in its consumer segment, particularly two-wheelers in Kenya, alongside improved performance in its Tanzania operations.

NAIROBI, Kenya, May 5- Car & General (C&G) posted a sharp rise in net profit to Sh2.4 billion for the year ended December 2025, up from Sh526 million in the previous year.

The company attributed the growth to strong sales in its consumer segment, particularly two-wheelers in Kenya, alongside improved performance in its Tanzania operations.

“Our consumer business growth in Kenya, particularly in the two-wheeler segment, drove performance,” the firm said in its financial statement.

Turnover rose 21 percent to Sh25 billion, while EBITDA climbed 153 percent to Sh3.8 billion, reflecting stronger earnings across key markets.

Car & General also noted that Uganda and Tanzania now account for over 56 percent of total sales, highlighting regional expansion as a key growth driver.

The group added that its push into electric mobility is gaining traction, supported by investments in battery-swapping infrastructure through partners such as Watu and Arc Ride.

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