BOC’s share price doubles after Carbacid withdraws buyout offer
The company’s market capitalisation has now grown to Sh3.4 billion, driven by higher earnings and dividend payouts in a general bull market.


CARB
Data as of Jul 17, 2026

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The company’s market capitalisation has now grown to Sh3.4 billion, driven by higher earnings and dividend payouts in a general bull market.


The profit increase came despite softer income from fixed income investments and a modest rise in sales.


Carbacid profit rose 6.9% to KSh 464.96 Mn in HY 2026, driven by equity revaluation gains as operating profit declined and margins narrowed to 64%.


Carbacid has reported a 7 per cent growth in net profit to Sh465 million for the half year period ended January 31, 2026 driven by revaluation gains on equity investment


Carbacid reported a record KSh 1 Billion profit in FY2025, driven by stronger margins and regional demand. Dividend raised to 2.00 per share.

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