Investor Presentaiton
33
SUMMARY PERFORMANCE OF SBG SECURITIES
KES millions
Brokerage commission
Other revenue
Total revenue
2022
2021
% change
57.5
70.5
(18)
55.7
31.9
75
113.2
102.4
11
Total expenses
(97.9)
(88.0)
(11)
Profit before tax
15.3
14.4
6
Tax
(5.4)
(4.2)
(30)
Profit after tax
9.8
10.2
(4)
KEY TAKEOUTS
SBG Securities posted total revenue of KES
113m for the half year ending 30th June 2022,
indicating an 11% year-on-year increase.
This revenue performance reflects:
□ Decline in brokerage revenue, driven by a
22% year on year drop in equities market
turnover.
□ Increase in equities trading market share from
9.4% in 1H2021 to 11.9% in 1H2022.
□ 75% increase in ‘other revenue' driven by
growth in advisory fees.
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