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Home Industry Updates

SGR boosts business at the Port of Mombasa

April 29, 2019
in Industry Updates, News
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Mombasa port earns Sh45bn as SGR boosts business
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Kenya Ports Authority’s profit before tax for 2018 dropped from KeSh10.6 billion to KeSh10.3 billion, largely as a result of an increase in expenditure.

The port handled 30.92 million tonnes of cargo, up from 30.34 million in 2017, driven by a 10 per cent increase in the containerized cargo.

The report also shows that the port recorded marginal growth, driven by the rise in containerized cargo.

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Source: Daily Nation
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