November 30, 2018 / 4:48 AM / 15 days ago

Kenya's HF Group warns of lower FY profit, posts 9-month loss

NAIROBI, Nov 30 (Reuters) - Kenya’s HF Group Plc warned on Friday that its net earnings for the year ending December would be 25 percent lower than the previous year.

The bank said in a statement that it suffered a nine-month pretax loss of 325.65 million shillings ($3.18 million), compared with a 231.87 million shilling profit in the same period last year. ($1 = 102.4500 Kenyan shillings) (Reporting by George Obulutsa; Editing by Subhranshu Sahu)

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