BOC Kenya reports 39.80 percent profit drop: what it means for BOC Kenya stock

Published on 10/19/2026 at 02:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For BOC Kenya stock, first-half revenue fell 17.20 percent to KES 600 million. Net profit fell 39.80 percent to KES 100.4 million.

First-half performance and dividend

First-half revenue fell 17.20 percent to KES 600 million in 2026.
BOC Kenya set a KES 4.00 interim dividend book-closure date for September 21, 2026.
BOC Kenya had a KES 3.6 billion market capitalization on October 16, 2026, with a KES 119.00 to KES 198.25 52-week range.

BOC, KE0000000042, Illustration mit AI erstellt.

BOC Kenya (ISIN KE0000000042) reported first-half 2026 revenue of KES 600 million, down 17.20 percent from the comparable period, while net profit fell 39.80 percent to KES 100.4 million, according to Africa Digest News on September 30, 2026. The figures put project revenue volatility at the center of the stock story.

Profit decline changes the comparison

The first-half revenue decline followed a 19.00 percent increase to KES 1.43 billion in fiscal year 2025. Profit after tax had risen 48.00 percent in that annual period, helped by customer engineering projects and demand for medical and industrial gases, before the project contribution faded in the first half of 2026.

Operating cash flow provided a counterpoint. It rose 40.30 percent in the first half of 2026 even as net profit declined, while cash and cash equivalents reached KES 1.29 billion, according to Africa Digest News. The company supplies industrial, medical and special gases and welding products across East Africa, according to BOC Kenya.

Three dates frame the stock story

On September 21, 2026, BOC Kenya had a book-closure date for a KES 4.00 per-share interim dividend, as reported by Abojani. On September 30, 2026, Africa Digest News detailed the 17.20 percent first-half revenue decline to KES 600 million. On October 16, 2026, BOC Kenya's last reported NSE close was KES 186.00.

Which date matters next

The September 21, 2026 dividend date is the clearest shareholder-calendar marker in the cited coverage. The interim payout of KES 4.00 contrasts with the weaker first-half earnings and keeps cash distribution relevant to the investment case.

Market value keeps the context concrete

BOC Kenya had a market capitalization of KES 3.6 billion on the NSE on October 16, 2026. Its 52-week range was KES 119.00 to KES 198.25 on that date, placing the last reported KES 186.00 close KES 12.25 below the high.